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alexandr402 [8]

3 years ago

8

Suppose that $7,000 is invested at an interest rate of 6%, compounded continuously. Find the amount in the account after five ye

ars if no withdrawals are made

2 answers:

Goshia [24]3 years ago

7 0

Answer:

9100

Step-by-step explanation:

I=Prt

I=7,000(.06)5

I=420(5)

I=2,100

2,100+7,000=9,100

olga55 [171]3 years ago

3 0

9100 is the answer to this problem

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