Ask a New Question
Search
Asked by
anonymous
how much would $500 invested at 4% interest compounded continuously be worth after 7 years? Round your answer to the nearest cent. Do not include units in the answer.
Answers
Answers
Answered by
Steve
500 e^(7*.04)
Answered by
lesly
so whats the answer?
Related Questions
Related
I invested $42,000 in three funds paying 5%, 7%, and 9% simple interest. The total annual interest f...
Amy has $200 less invested at 9% than she does at 6.5%. If the annual return from the two investment...
If $86,000 is invested in an annuity that earns 5.2%, compounded quarterly, what payments will it pr...
If 10,000 is invested at 4.8% simple interest, how long will it take for the account balance to grow...
If $10,000 is invested in an account at 4.8% annual simple interest, how long will it take for the a...
$12 000 is invested at 6% p.a. for 42 months. How much interest is earned each year and how much int...
If you had invested 60% in the savings account and the rest in the stock plan. You save $8,500.00. Y...
R2 000.00 is invested for 13.5 years at a simple interest rate of 15.0% per annum. What is the amoun...
If $1,000 is invested at 7% interest, the total value of the investment at the end of one year will...