You receive a $7000 gift which you want to invest for 4 years. How much money would you have in the bank account if the interest rate is 12% and is compounded continuously?

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Benji Lees · Answer 1 · 2022-05-27T20:21:38+0000

Answer:

The final balance is £11,285.58.

The total compound interest is £4,285.58

Explanation:

hope that's right and it helps you

also please tell me If I got it right or wrong