3. If $3,000 is deposited in a savings account paying 4.8% a year compounded continuously, how much will you have in the account in 7 years?

asked Dec 23, 2024 68.1k views

5 votes

3. If $3,000 is deposited in a savings account paying 4.8% a year compounded continuously, how much

will you have in the account in 7 years?

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3 votes

the amount in the savings account after 7 years will be $4,197.47.

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