Register
Invest $8000 into an account earning 7% interest compounded continuously what will the balance be after 5 years
113k views
4 votes
Invest $8000 into an account earning 7% interest compounded continuously what will the balance be after 5 years

User Abizern
by
6.9k points

1 Answer

13 votes
8,000 x ( 1 + .07) ^5 = $11,220.41
User SJP
by
6.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.4m questions

10.0m answers

Other Questions

How do you estimate of 4 5/8 X 1/3
Write words to match the expression. 24- ( 6+3)
Please solve the following equation. x-6x=56
whats the most accurate estimation of 65+77
Find the additive inverse of 18/23
Link Copied!