Using your calculator, find the money accumulated if i invested $65,000 at 7.3% interest for 10 years compounded continuously.

asked Mar 14, 2017 133k views

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using your calculator, find the money accumulated if i invested $65,000 at 7.3% interest for 10 years compounded continuously.

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3 votes

this is for one year with annual compound

A = 65000(1 + .073/1)^1
A = 69745 total

thus, the money made is $4745 interes

Puffin answered Mar 17, 2017

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asked Feb 4, 2022 5.5k views

Nicolas Forney asked Feb 4, 2022

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