Question
Suppose you invest $400 at an annual interest rate of 7.6% compounded continuously. How much will you have in the account after 1.5 years. Round to the nearest dollar.
Answers
Damon
a = A e^rt
a = 400 e^.076(1.5)
a = 448.
a = 400 e^.076(1.5)
a = 448.
Madison
Hello, I also have this question, but I don't know the answer.