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Jasmine invests $1500 in an account that earns an interest rate of 4% compounded continuously. How much money will she have in 4 years? (round to the hundredth place)

Jasmine invests $1500 in an account that earns an interest rate of 4% compounded continuously. How much money will she have in 4 years? (round to the hundredth place)
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1 vote
Jasmine invests $1500 in an account that earns an interest rate of 4% compounded continuously. How much money will she have in 4 years? (round to the hundredth place)

asked
User Jazz Man
by
8.2k points

2 Answers

5 votes

Answer:

1,754.79

Explanation:

answered
User Lane Rettig
by
7.9k points
3 votes

Answer:

I think the answer is $100

answered
User Yohannes Gebremariam
by
8.7k points
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