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1. Kourtney invests $10,000 in an account that earns 4% interest compounded continuously. What is the total amount of her investment after 12 years? Round to the nearest cent.
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1. Kourtney invests $10,000 in an account that earns 4% interest compounded continuously.

What is the total amount of her investment after 12 years? Round to the nearest cent.

User Nvrs
by
8.3k points

1 Answer

4 votes

Answer: $14,983.50

Explanation:

User Lukasz Szozda
by
8.4k points
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