Question
Suppose you invest $2500 at an annual interest rate of 3% compounded continuously. How much will you have in the account after 7 years? Round the solution to the nearest dollar
Answers
Steve
2500*e^(.03*7) = ?
Belinda
Exact Form 25000e^0.2
answer: $3084
answer: $3084
Jayme
D .. 3084
M, Ellis
3084
Anonymous
Tia invests $2,500 at an interest rate of 4%, compounded quarterly. How much is the investment worth at the end of 5 years
Angel
2,500 is invested at an annual interest rate of 3% how much would it be after 10 years