Ask Question
11 January, 08:56

If Sarita deposits $1000 in an dollars in account paying 3.4% annual interest compounded continuously what is the balance in the account after five years

+5
Answers (1)
  1. 11 January, 09:24
    0
    Total = 1,000 * 2.718281828459^ (.034 * 5)

    Total = 1,000 * 2.718281828459^0.17

    Total = 1,000 * 1.1853048513

    Total = 1,185.30
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If Sarita deposits $1000 in an dollars in account paying 3.4% annual interest compounded continuously what is the balance in the account ...” 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