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 asked May 19, 2023

503,336 views

44 votes

Utkarsh Bhatt asked May 19, 2023

2.5k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

14 votes

the answer is $1899.81

Rpsml answered May 25, 2023

by Rpsml

2.5k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers