Asked by Angel
An initial investment of $3,000 earns 7% interest compounded continuously. What will the investment be worth in 19 years? (Round your answer to the nearest cent.)
Answers
Answered by
mathhelper
What is
3000 e^(.07*19) ?
(hint: it more than triples)
3000 e^(.07*19) ?
(hint: it more than triples)
Answered by
Angel
please help more i know it triples more but how do i figure it out
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