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Charles inherited $500,000 from his grandfather. He decides to invest the money into a fund that has 4% annual interest. If the interest is compounded continuously, what is the total amount that is compounded
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Mar 12, 2022
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Charles inherited $500,000 from his grandfather. He decides to invest the money into a fund that has 4% annual interest. If the interest is compounded continuously, what is the total amount that is compounded annually?
Mathematics
high-school
Nathan Strutz
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Answer:
this is answer$10,000$1o,5oo ok
Asif Bhutto
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Mar 18, 2022
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Asif Bhutto
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