If you were to place $5000 in a savings account that pays 6% interest compounded continuously how much money will you have after 4 years?

asked Mar 1, 2022 71.7k views

12 votes

6.2k points

Please log in or register to add a comment.

1 vote

Answer:

The correct answer is $6,356.25.

Explanation:

David Grenier answered Mar 2, 2022

6.3k points

11 votes

Answer:

I think it would come out to be $6312.38

6.3k points

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

6.7m questions

8.8m answers