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Ms. Gonzales is investing $17000 at an annual interest rate of 6% compounded continuously. How much money will be in the account after 16 years? Round your answer to the nearest hundredth (two decimal
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2 votes
Ms. Gonzales is investing $17000 at an annual interest rate of 6%

compounded continuously. How much money will be in the account after
16 years? Round your answer to the nearest hundredth (two decimal
places).

User Cos Callis
by
7.2k points

1 Answer

3 votes

Answer:

44398.84

Explanation:

17,000e^(0.06)(16)

it helps to use a desmos scientific calculator

User Michael Dodd
by
6.9k points
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