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Find the amount in an account where $500 is invested at 2.5% compounded continuously for period of 10 years

Find the amount in an account where $500 is invested at 2.5% compounded continuously for period of 10 years
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Find the amount in an account where $500 is invested at 2.5% compounded continuously for period of 10 years

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User Soronthar
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8.3k points

1 Answer

1 vote

Hi

500 *1.025^10 ≈ 640.04

answered
User Ghayoor Ul Haq
by
8.1k points
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