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If $500 is deposited in an account paying 5.25% interest compounded continuously, find the amount in the account after 3 years

If $500 is deposited in an account paying 5.25% interest compounded continuously, find the amount in the account after 3 years
asked 120k views
5 votes
If $500 is deposited in an account paying 5.25% interest compounded continuously, find the amount in the account after 3 years

asked
User Cricri
by
7.7k points

1 Answer

4 votes

Answer:

37.500

Explanation:

answered
User Enedil
by
8.5k points
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