165k views
0 votes
$1500 is deposited in an account with 6%

interest rate, compounded continuously.
What is the balance after 5 years?
F = $[?]
Round to the nearest cent.
Enter

User Anduin
by
7.9k points

1 Answer

1 vote
It would be 2,007.39
Happy to help you achieve your answer!
User Cone
by
8.6k points
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