How much would $200 invested at 7% compounded continuously be worth after 5 years
2 answers:
Answer:
$280.51
Step-by-step explanation:
F= 200(1 + 07)^5
The future worth (F) of the investment at present (P) with a compound interest i after n years is calculated through the equation, F=P x (1 + i)^n
Answer:
280.51
Step-by-step explanation:
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