231k views
4 votes
If you deposit​ $8300 earning​ 2% interest compounded​ continously, how much would you have after 6​ years?

User Harrymc
by
8.0k points

1 Answer

7 votes
At the end of 6 years, your savings would have grown to $9,357.
You earned $1,047 in interest.
User Michal
by
7.4k points
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