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How much would $600 be worth after 10 years, if it were invested at 4% interest compounded continuously? (Use the formula below and round your answer to the nearest cent.) A(t) = Pooh
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How much would $600 be worth after 10 years, if it were invested at 4%

interest compounded continuously? (Use the formula below and round your
answer to the nearest cent.)
A(t) = Pooh

User Tconbeer
by
8.2k points

1 Answer

2 votes

Answer:

$895.09

Explanation:

Explanation:

Applying the given formula:

A = $600e^(0.04*10), or

= $895.09

User Jesmy
by
8.6k points
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