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Ellie opened a savings account and deposited $200.00 as principal. The account earns 7% interest, compounded continuously. Write a function that describes the situation. What is…

Ellie opened a savings account and deposited $200.00 as principal. The account earns 7% interest, compounded continuously. Write a function that describes the situation. What is…
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Ellie opened a savings account and deposited $200.00 as principal. The account earns 7% interest, compounded continuously.

Write a function that describes the situation.
What is the balance in the account after 10 years?

Ellie opened a savings account and deposited $200.00 as principal. The account earns-example-1
User Dobby Dimov
by
8.1k points

1 Answer

8 votes

Answer: a is 200e^.07t the answer to b is 402.75

Explanation:

Because I got it wrong and it showed me the correct answers

User Alexandre Rademaker
by
7.0k points
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