70.0k views
0 votes
Zoe is investing in her future. She knows her accounts, with just an initial deposit, are accruing interest constantly. Which formula would Zoe use to determine an estimate fo the future balance of her accounts

1 Answer

4 votes

Answer:

continuous compound interest

Step-by-step explanation:

Since in the question it is mentioned that zoe invested in her future and her interest is accrued constantly so here the formula that should zoe use in order to measure the estimated for the future balance is continuous compound interest as for the long time, the interest should be determined by this method

User Qrikko
by
5.5k points