23.3k views
5 votes
Suppose you invest $950 at an annual interest rate of 6.5% compounded continuously. How much will you have in the account after 10 years? Round the solution to the nearest dollar

1 Answer

7 votes
950(1.065)^10 = 1,784
User David Marchelya
by
6.8k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.