Register

$600 is deposited in an account that pays 7% annual interest, compounded continuously. What is the balance after 5 years? Please help me!!!

$600 is deposited in an account that pays 7% annual interest, compounded continuously. What is the balance after 5 years? Please help me!!!
28.4k views
4 votes
$600 is deposited in an account that pays 7% annual interest, compounded continuously. What is the balance after 5 years? Please help me!!!

$600 is deposited in an account that pays 7% annual interest, compounded continuously-example-1
User Jasttim
by
7.8k points

2 Answers

3 votes

Answer: $350 hope this helps

Explanation:

User Jeff Sternal
by
8.8k points
7 votes

Answer:350 is your answer

Explanation:

User Raeann
by
7.9k 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.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!