Register
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.
109k views
0 votes
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
← Prev Question Next Question →

Related questions

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

9.5m questions

12.2m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!