Ask a New Question

Suppose you won a contest at 9th grade start that deposited $3,000 in an account that pays 5% annual interest compounded continuously. You go to college for four years (four years later). How much will you have then?

Ask a New Question or answer this question.

Similar Questions

suppose you won a contest at the start of 5th grade that deposited $3000 in an account that pays 5% annual interest compounded
1. 2 answers
Gilberto opened a savings account for his daughter and deposited $700 on the day she was born. Each year on her birthday,
1. 4 answers
Suppose that $200 was deposited on 1st Jan 2000 into an account that earned 5% interest compounded semiannually. Suppose further
1. 2 answers
Suppose your parents deposited $1,500 in an account saying 3.5% interest compounded annually (once a year) when you were born. I
1. 1 answer

more similar questions