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Oints) How much money invested at 5% compounded continuously for 3 years will result in $8207 - YOU MUST SHOW YOUR WORK

Oints) How much money invested at 5% compounded continuously for 3 years will result in $8207 - YOU MUST SHOW YOUR WORK
asked 230k views
1 vote
Oints)

How much money invested at 5%
compounded continuously for 3 years will
result in $8207
- YOU MUST SHOW YOUR WORK

asked
User Fathima
by
7.8k points

1 Answer

3 votes
$7063.83 = P. compounded continuously the formula would be A=Pe^(rt)
Oints) How much money invested at 5% compounded continuously for 3 years will result-example-1
answered
User Michael Schnerring
by
8.8k points
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