Asked by Harmony
An initial amount of
$2900
is invested in an account at an interest rate of
4%
per year, compounded continuously. Find the amount in the account after six years. Round your answer to the nearest cent.
$2900
is invested in an account at an interest rate of
4%
per year, compounded continuously. Find the amount in the account after six years. Round your answer to the nearest cent.
Answers
Answered by
Steve
2900*e^(.04*6)
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.