Asked by Webber
You deposit $800 in an account that pays 5.5% annual interest compunded continuously. Find the balance at the end of 5 years.
Am i correct in using this formula?
A=pe^(rt)
Am i correct in using this formula?
A=pe^(rt)
Answers
MathMate
The formula is correct.
Post your answer for check if you wish.
Post your answer for check if you wish.