Register

Suppose you invest 2000 dollars at an annual interest rate of 5.1% continuously compounded. how much will you have after 3 years round to the nearest dollar

Suppose you invest 2000 dollars at an annual interest rate of 5.1% continuously compounded. how much will you have after 3 years round to the nearest dollar
140k views
4 votes
suppose you invest 2000 dollars at an annual interest rate of 5.1% continuously compounded. how much will you have after 3 years round to the nearest dollar

User Adil Malik
by
8.2k points

1 Answer

7 votes
A=pe^rt
A=2,000×e^(0.051×3)
A=2,330.65
User Yako
by
8.7k 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!