Find the final amount for a $1000 investment at 6% interest compounded continuously for 20 years

1 answer:

3 0

Answer:$3207

Step-by-step explanation

A=p(1+r/100)^n

A=1000×(1+6/100)^20

A=1000×(1.06)^20

A=1000×3.207

A=$3207

You might be interested in

Aleks [24]

72 times at rest and 250 while running.

5 0

3 years ago

Alona [7]

The answer is B linear

3 0

2 years ago

pshichka [43]

I think a non- integer rational number but I’m not real sure on that.

8 0

2 years ago

Bess [88]

D=m/v
d=200/400
d= 1/2

4 0

2 years ago

olasank [31]

Answer: w= 13

Step-by-step explanation: 8+5 is 13

3 0

1 year ago