Question

Ned is saving money and he invests $1870 at 6% compounded continuously

How much will be in the account after 7 years?

Answer 1

$2655.4

Explanation:

6%= 0.06

1870 x 0.06 = 112.2

7 x 112.2= 785.4

$785.4 + $1870= 2655.4

$2655.4 will be in the account after 7 years

Answer 2

$2655.40

Explanation: