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Use the formula A=Pe^rt to find the balance if $2000 is deposited into an account paying 4% interest compounded continuously for 20 years. (Round your answer to two decimal places and give your answer
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Use the formula A=Pe^rt to find the balance if $2000 is deposited into an account paying 4% interest compounded continuously for 20 years.

(Round your answer to two decimal places and give your answer as a number with no $ symbol. )

User MeW
by
3.1k points

1 Answer

2 votes

Answer:

303448

Explanation:

303448

User Hsestupin
by
3.3k points
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