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The Kwans are saving for their daughter’s college education. If they deposit $12,000 in an account bearing 6.4% interest compounded continuously, how much will be in the account…

The Kwans are saving for their daughter’s college education. If they deposit $12,000 in an account bearing 6.4% interest compounded continuously, how much will be in the account…
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The Kwans are saving for their daughter’s college education. If they deposit $12,000 in an account bearing 6.4% interest compounded continuously, how much will be in the account when Ann goes to college in 12 years?

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User Benny Wong
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1 Answer

2 votes

Answer:

25,262.76 dollars is the answer for this question.

Explanation:


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User SMSidat
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