samantha recieved $500 as a graduation present and decided to invest it in an account that is compounded continuously. how much will be in t

Question

samantha recieved $500 as a graduation present and decided to invest it in an account that is compounded continuously. how much will be in the account at the end of 5 years if the interest rate is 3%​

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Hưng Khoa 3 years 2021-08-30T01:57:55+00:00 1 Answers 1 views 0

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  1. MichaelMet
    0
    2021-08-30T01:59:50+00:00
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    Answer:

    $2,226.20

    Step-by-step explanation:

    a_{5} = 500e^5(0.03)

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