Register
You deposit $5000 in an account earning 5% interest compounded continuously. How much will you have in the account in 5 years? Round to the nearest cent.
18.0k views
3 votes
You deposit $5000 in an account earning 5% interest compounded continuously. How much will you have in the account in 5 years? Round to the nearest cent.

User Blogofsongs
by
7.5k points

1 Answer

4 votes
You will have 6,381.396 over 5 years
User Paxmees
by
8.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Mr. Jacob is 55 years old and tony is 7 years old. in how many years will mr. Jacobs be 4 times as old as Tony
9/10 divided by (1/10 plus 2/5)
Link Copied!