Find the amount in a continuously compounded account for the given conditions. Principle: $5000 Annual Interest Rate: 6.9% Time: 30 years Round to the nearest cent and do not include the $ symbol.

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Dec 7, 2023 55.8k views

3 votes

Find the amount in a continuously compounded account for the given conditions.

Principle: $5000
Annual Interest Rate: 6.9%
Time: 30 years

Round to the nearest cent and do not include the $ symbol.

Mathematics
high-school

Avinash Kumar Singh asked

by Avinash Kumar Singh

6.0k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

4 votes

Answer:

no round to the nearest cant and do no

Akshay Agarwal answered Dec 8, 2023

by Akshay Agarwal

5.3k points

0 Comments

Please log in or register to add a comment.

4 votes

Answer:

A= 5000 e

A= 39,624.12

Explanation:

Daniel Cooke answered Dec 13, 2023

by Daniel Cooke

5.1k points

0 Comments

Please log in or register to add a comment.

Ask a Question

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

6.0m questions

7.9m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

0 Comments

Please log in or register to add a comment.

0 Comments

Please log in or register to add a comment.

Other Questions