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VikaD [51]
3 years ago
7

If $190 is invested at an interest rate of 11% per year and is compounded continuously, how much will the investment be worth in

4 years? Use the continuous compound interest formula: A = Pert.
Mathematics
2 answers:
Mamont248 [21]3 years ago
8 0

Answer:

$288

Step-by-step explanation:

190*(1+0.11)^4

=$288(rounded to nearest whole  number)

PSYCHO15rus [73]3 years ago
8 0

Answer:

295.01

Step-by-step explanation:

Use A = Pe^(rt)

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-7

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