asked 215k views
3 votes
You invest $1070 in an account with a 4.8% interest rate, compounded continuously. How

much money do you have after 2 years?

asked
User Rhyono
by
8.3k points

1 Answer

6 votes

Answer:

$1121.36

Explanation:

4.8% of 1070 is 51.36. you add these two together for your final sum.

answered
User Yildiz
by
8.4k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.