503,335 views
44 votes
44 votes
You deposit $1575 in a bank account that earns 3.75% interest per year for 5 years. How much will the balance be if it's compounded continuously?

User Utkarsh Bhatt
by
2.5k points

1 Answer

14 votes
14 votes

the answer is $1899.81

User Rpsml
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2.5k points
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