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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?
Utkarsh Bhatt
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May 19, 2023
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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?
Mathematics
high-school
Utkarsh Bhatt
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May 19, 2023
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Utkarsh Bhatt
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the answer is $1899.81
Rpsml
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May 25, 2023
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Rpsml
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