66,366 views
5 votes
5 votes
Invest $8000 into an account earning 7% interest compounded continuously what will the balance be after 5 years

User Bhrungarajni
by
2.8k points

1 Answer

14 votes
14 votes
8,000 x ( 1 + .07) ^5 = $11,220.41
User Tunaki
by
3.0k points
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