Register

2. Suppose you save $2000 in a bank account that earns an annual interest rate of 1.2% compounded continuously. (a) How much money would be in the account after 5 years?

2. Suppose you save $2000 in a bank account that earns an annual interest rate of 1.2% compounded continuously. (a) How much money would be in the account after 5 years?
asked 91.0k views
1 vote
2. Suppose you save $2000 in a bank account that earns an annual interest rate of 1.2% compounded

continuously.
(a) How much money would be in the account after 5 years?

asked
User Rene Vorndran
by
8.0k points

1 Answer

5 votes

Answer:

0.06 is answer of this puestion

answered
User Jungwoo
by
8.1k 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
How do you estimate of 4 5/8 X 1/3
Link Copied!