nawoens1 nawoens1

16-12-2020
Mathematics

contestada

1. If you deposit $4350 at 2.32% interest, compounded continuously, what would your ending
balance be to the nearest cent after 6 years?

Respuesta :

mathstudent55 mathstudent55

16-12-2020

Answer:

$4999.69

Step-by-step explanation:

F = Pe^(rt)

F = $4350 * e^(0.0232 * 6)

F = $4999.69

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