asked 113k views
4 votes
Invest $8000 into an account earning 7% interest compounded continuously what will the balance be after 5 years

asked
User Abizern
by
8.7k points

1 Answer

13 votes
8,000 x ( 1 + .07) ^5 = $11,220.41
answered
User SJP
by
8.4k points
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