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5,ooo invested 5 years 3% interest compounded continuously
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5,ooo invested 5 years 3% interest compounded continuously
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Jul 19, 2018
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5,ooo invested 5 years 3% interest compounded continuously
Mathematics
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Hbf
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A=pe^rt
A future value
P principle 5000
R interest rate 3/100 =0.03
T time 5 years
A=5,000×e^(0.03×5)
A=5,809.17
Berendschot
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Jul 24, 2018
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Berendschot
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