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12) Abhasra invests $5,323 in a savings account with a fixed annual interest rate of 9% compounded continuously. What will the account balance be after 5 years?
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2 votes
12) Abhasra invests $5,323 in a savings

account with a fixed annual interest rate of
9% compounded continuously. What will
the account balance be after 5 years?

User Perrin
by
5.7k points

1 Answer

4 votes

Answer:

$7,7748.35

Explanation:

$5,323$7748.35 + $2,395.35(INTEREST)

User Dongx
by
4.9k points
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