Ask Question
11 March, 21:08

Suppose you invest $2000 at an annual interest rate of 1.5% compounded continuously. how much will you have in the account after 3 years round to the solution to the nearest dollar

+3
Answers (1)
  1. 11 March, 21:27
    0
    2000 (1.15) ^3

    3,042

    1.15 comes from putting the percentage into a decimal after 1
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose you invest $2000 at an annual interest rate of 1.5% compounded continuously. how much will you have in the account after 3 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