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Spendthrift Steve found a splendid interest rate of 11.5% for his $2500 investment. If interest is compounded contiuously, how much will Steve have after 4 years, when he needs the money for college?
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Spendthrift Steve found a splendid interest rate of 11.5% for his $2500 investment. If interest is

compounded contiuously, how much will Steve have after 4 years, when he needs the money for college?

User Evan Brooks
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4 votes

Answer:

Step-by-step explanation They will have a 11.5 they have 2000 but you di511.5÷2

User Martin Pabst
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