You deposit $600 in an account that pays 2.3% annual interest compounded continuously. How much will you have after 2.5 years?

asked Apr 6, 2023 74.7k views

4 votes

by Epelc

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3 votes

We need to use the compounded interest formula.

This is given by the next equation:

Ord answered Apr 11, 2023

by Ord

3.3k points

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