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$1500 is deposited in an account with 6% interest rate, compounded continuously. What is the balance after 5 years? F = $[?] Round to the nearest cent. Enter

$1500 is deposited in an account with 6% interest rate, compounded continuously. What is the balance after 5 years? F = $[?] Round to the nearest cent. Enter
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$1500 is deposited in an account with 6%

interest rate, compounded continuously.
What is the balance after 5 years?
F = $[?]
Round to the nearest cent.
Enter

asked
User Anduin
by
7.9k points

1 Answer

1 vote
It would be 2,007.39
Happy to help you achieve your answer!
answered
User Cone
by
8.6k points
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