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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asked Oct 17, 2022 52.5k views

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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?

Mathematics
high-school

Evan Brooks asked

by Evan Brooks

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Answer:

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

Martin Pabst answered Oct 24, 2022

by Martin Pabst

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