Asked by Tony
Use the compound interest formulas A = P(1 + r/n)nt and A = Pe^rt to solve.
Find the accumulated value of an investment of $3000 at 9% compounded continuously for 3 years.
Find the accumulated value of an investment of $3000 at 9% compounded continuously for 3 years.
Answers
Answered by
Steve
what's the problem? You have the formula and the numbers. Plug and chug. The only hard part is picking the proper formula.
We'll be happy to check what you get.
We'll be happy to check what you get.
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