How much interest will Kenny get when he puts $14,500 in a 4-year account compounded continuously (daily) at 3.26%?

Question

How much interest will Kenny get when he puts $14,500 in a 4-year account compounded continuously (daily) at 3.26%?

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Doris 3 weeks 2021-08-22T18:21:44+00:00 2 Answers 2 views 0

Answers ( )

    0
    2021-08-22T18:23:11+00:00

    Answer:

    $2,019.52

    Step-by-step explanation:

    0
    2021-08-22T18:23:38+00:00

    Answer: $25,808.55

    Step-by-step explanation:

    x_{4}= 14500(e)^4(0.0326)

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