If $396 I'd invested at an interest rate of 13% per year and is compounded continuously, how much will the investment be worth in 3 years.

asked Jul 20, 2019 19.5k views

5 votes

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7 votes

You have to use the continuous compounding formula with the constant “e” on a calculator.

396e^(0.13 x 3)

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4 votes

1042.44 but I might be wrong

Govind Gupta answered Jul 26, 2019

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