Register

O help save for college, your friend invested $1000 in an account that pays 6% annual interest compounded continuously. How much money will your friend have after 4 years?

O help save for college, your friend invested $1000 in an account that pays 6% annual interest compounded continuously. How much money will your friend have after 4 years?
53.1k views
16 votes
o help save for college, your friend invested $1000 in an account that pays 6% annual interest compounded continuously. How much money will your friend have after 4 years?

User Sealz
by
8.1k points

1 Answer

5 votes
$1,240 is the answer.
User Oliver Benning
by
7.7k points
← Prev Question Next Question →

No related questions found

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

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!