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If you were to place $2,500 in a savings account that pays 5% interest compounded continuously, how much money will you have after 10 years? assume you make no other deposits or…

If you were to place $2,500 in a savings account that pays 5% interest compounded continuously, how much money will you have after 10 years? assume you make no other deposits or…
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if you were to place $2,500 in a savings account that pays 5% interest compounded continuously, how much money will you have after 10 years? assume you make no other deposits or withdrawals.

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User Vivek Tankaria
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8.7k points

1 Answer

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F=pe^tr»f=2500*2.718282^0.05*10=1.6487213227×2,500 =4,121.8033068064
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User Basant Singh
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8.4k points
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