4 years ago

How much would $200 invested at 7% compounded continuously be worth after 5 years

Mathematics

2 answers:

Norma-Jean [14]4 years ago

6 0

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

dexar [7]4 years ago

6 0

Answer:

280.51

Step-by-step explanation:

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