If you invest $2,000 amount you will have in the account after 20 years.at an annual interest rate of 8% compounded continuously, calculate the final

Thiago Curvelo asked Oct 17, 2023

104,330 views

31 votes

Thiago Curvelo asked Oct 17, 2023

3.0k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

18 votes

5,200 I believe. 8% of 2000 is 120 and 120*20(years) is 5200

Slaus answered Oct 23, 2023

by Slaus

2.8k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

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

1.6m questions

2.0m answers