Ask a New Question

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.

1 answer

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.

Ask a New Question or answer this question.

Similar Questions

What type of interest is based on the original amount of money lent out, or the principal? (1 point) Responsessimple interest
1. 1 answer
Compare simple interest at 3% and compound interest at 2% with interest being compounded monthly when $750 is invested for 1
1. 1 answer
An interest rate is a special type of (1 point)loan. **price. bank. service. 2. How does a compound interest rate differ from a
1. 3 answers
Which of the following formulas -- NO, N2O, NO2, N2O, N2O4, AND N205 -- represent the empirical and molecular formulas of the
1. 2 answers

more similar questions