Alan puts $300.00 into an account to use for school expenses. The account earns 10% interest, compounded continuously. How much will be in the account after 7 years?

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asked Feb 4, 2023 147k views

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Oliver Frost · Answer 1 · 2023-02-10T14:45:07+0000

21000 because if I’m not mistaken 10 percent of something is 0.10 so the calculation is 300 divided by 0.10 than multiply by 7= 21000. Im very sure because I understand expenses and work as a sales man.

Alan puts $300.00 into an account to use for school expenses. The account earns 10% interest, compounded continuously. How much will be in the account after 7 years?

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