Tom invests $10,000 in a savings account that offers 3.5 percent interest, compounded continuously.

1 answer:

Elena-2011 [213]3 years ago

5 0

For the answer to the question above, I'm not sure if your question is incomplete or the data on your question is incomplete but I'll answer it anyway because some data are provided.

10,000(1+.035)^10
10,000(1.043)^10
10,000(1.41059876062)
=14,105.99

14,105.99/.035
=40, 3028.21
I still hope that this helps

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