200k views
5 votes
Find the amount in an account where $500 is invested at 2.5% compounded continuously for period of 10 years

User Soronthar
by
5.5k points

1 Answer

1 vote

Hi

500 *1.025^10 ≈ 640.04

User Ghayoor Ul Haq
by
5.3k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.