Register
If $535 is invested at an interest rate of 7% per year and is compounded continuously how much for the investment be worth in 15 years?
199k views
11 votes
If $535 is invested at an interest rate of 7% per year and is compounded continuously how much for the investment be worth in 15 years?

User Jerclarke
by
8.2k points

2 Answers

1 vote

Answer:

some people an fly high until good bye

Explanation:

User Pharsicle
by
7.9k points
9 votes

Answer:

The final balance would be $1,528.84

Explanation:

The final balance would be $1,528.84 and the total compound interest would be $993.84

User David Alber
by
8.8k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

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
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!