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You deposit 6000 in a account earning 7% interest compounded continuously how in the account after 15 years

You deposit 6000 in a account earning 7% interest compounded continuously how in the account after 15 years
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You deposit 6000 in a account earning 7% interest compounded continuously how in the account after 15 years

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User JoaMika
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1 Answer

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compounded continuously: A=P*e^(rt)
A=6000*e^(0.07*15)
use your calculator: A=17145.90
answered
User Menno Van Den Heuvel
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