How much should you invest at 4.8% compounded continuously to have $5000 in 2 years?

asked Oct 25, 2022 89.9k views

3 votes

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4 votes

24/5

(24 * 5000 )/(5 *100 ) = (240 * 5000)/(100) = 240 * 50 = 12000 =12000 + 240 = 12240

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2 votes

Answer:

The total compound interest is $502.74 i think

Explanation:

Dostu answered Oct 29, 2022

by Dostu

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