Register

How much would 500 invested at 4% interest compounded continuously be worth after 7 years? round your answer to the nearest cent

How much would 500 invested at 4% interest compounded continuously be worth after 7 years? round your answer to the nearest cent
asked 190k views
2 votes
how much would 500 invested at 4% interest compounded continuously be worth after 7 years? round your answer to the nearest cent

asked
User Ikoverdyaev
by
8.8k points

1 Answer

5 votes

Answer: the answer is 661.55

Explanation:

interest formula: F = Pe^(rt)

answered
User Sam Arul Raj T
by
8.1k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!