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You receive $1,000 to put in the bank. You place it in an account that pays 6% annual interest compounded continuously. How much will you have in 12 years? Round the answer to t…

You receive $1,000 to put in the bank. You place it in an account that pays 6% annual interest compounded continuously. How much will you have in 12 years? Round the answer to t…
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You receive $1,000 to put in the bank. You place it in an account that pays 6% annual interest compounded continuously. How much will you have in 12 years? Round the answer to the nearest dollar. ​

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User Mangara
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7.9k points

1 Answer

5 votes
$2054.43 or $2054 in 12 years
answered
User Rayon Nunes
by
8.9k points
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