Ask Question
5 December, 17:06

If $20,000 is invested in a savings account offering 3.5% per year, compounded continuously, how fast is the balance growing after 6 years? (round your answer to the nearest cent.)

+4
Answers (1)
  1. 5 December, 17:14
    0
    The balance would have grown by $3,500
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If $20,000 is invested in a savings account offering 3.5% per year, compounded continuously, how fast is the balance growing after 6 years? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers