Register

Eli invested $9,400 in an account paying an interest rate of 2.3% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred d…

Eli invested $9,400 in an account paying an interest rate of 2.3% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred d…
asked 231k views
4 votes
Eli invested $9,400 in an account paying an interest rate of 2.3% compounded

continuously. Assuming no deposits or withdrawals are made, how much money, to
the nearest hundred dollars, would be in the account after 19 years?

asked
User RuslanY
by
7.2k points

1 Answer

3 votes

Answer:

A≈14600

Explanation:

answered
User Erhanasikoglu
by
7.4k 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
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!