Question

If $20,000 is invested in a savings account offering 3.5% per year, compounded continuously, how fast is the balance growing after 4 years? (Round your answer to the nearest cent.)
$ 1 per yr

Answer 1

Google is a wonderful thing!

http://www.google.com/search?aq=f&sourceid=chrome&ie=UTF-8&q=how+to+calculate+interest+compounded+continuously