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A college savings fund is opened with a $12,000 deposit. The account earns 6.55% annual interest compounded continuously. What will the value of the account be in 18 years? $26,704.29 $38,704.29 $27,013.
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A college savings fund is opened with a $12,000 deposit. The account earns 6.55% annual interest compounded continuously. What will the value of the account be in 18 years?

$26,704.29
$38,704.29
$27,013.46
$39,013.46

User Gowerc
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8.3k points

1 Answer

2 votes

Answer:

Explanation:

38,704.29

i hope its right

User Grokodile
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9.2k points
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