How much would 200 invested at 5% interest compound continously be worth after 9 years?

Question

asked Dec 4, 2018 163k views

1 Answer

Arief Hidayatulloh · Answer 1 · 2018-12-10T08:32:27+0000

Hi there
The formula is
A=pe^rt
A future value?
P present value 200
R interest rate 0.05
T time 9 years

A=200×e^(0.05×9)
A=313.66

Hope it helps