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1) Krystal invests $5,117 in a savings account with a fixed annual interest rate of 8% compounded continuously. What will the account balance be after 4 years?

1) Krystal invests $5,117 in a savings account with a fixed annual interest rate of 8% compounded continuously. What will the account balance be after 4 years?
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1) Krystal invests $5,117 in a savings account with a fixed annual interest rate of 8% compounded continuously. What will the account balance be after 4 years?

asked
User Amitesh
by
8.7k points

1 Answer

5 votes

Answer:

$6962

Explanation:

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1) Krystal invests $5,117 in a savings account with a fixed annual interest rate of-example-1
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User Okazari
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