Register

If the Lafita family deposits 8500$ ina savings account at 6.75% interest, compounded continuously, how much will be the account after 25 years

If the Lafita family deposits 8500$ ina savings account at 6.75% interest, compounded continuously, how much will be the account after 25 years
202k views
0 votes
If the Lafita family deposits 8500$ ina savings account at 6.75% interest, compounded continuously, how much will be the account after 25 years

User Michael Balint
by
7.8k points

1 Answer

3 votes
A=pe^rt
A=8,500×e^(0.0675×25)
A=45,950.57
User Csaba Toth
by
8.2k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!