Register
Alan puts $300.00 into an account to use for school expenses. The account earns 10% interest, compounded continuously. How much will be in the account after 7 years?
147k views
24 votes
Alan puts $300.00 into an account to use for school expenses. The account earns 10% interest, compounded

continuously. How much will be in the account after 7 years?

User Xited
by
8.2k points

1 Answer

3 votes
21000 because if I’m not mistaken 10 percent of something is 0.10 so the calculation is 300 divided by 0.10 than multiply by 7= 21000. Im very sure because I understand expenses and work as a sales man.
User Oliver Frost
by
7.7k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!