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Suppose you invest $2200 at an annual interest rate of 5.3% compounded continuously. How much will you have in the account after 7 years?

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What is the value of P?


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What is the value of r in decimal form?

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What is the value of t?

Suppose you invest $2200 at an annual interest rate of 5.3% compounded continuously-example-1
User Harsh J
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1 Answer

4 votes

Answer:

2200, 0.053 and t=7

Explanation:

Intrest will be 3158. 1

User Menasheh
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