3 years ago

How much would 400$ invested at 9% interest compounded continuously be worth after 3 years

Mathematics

1 answer:

ryzh [129]3 years ago

3 0

Answer:

518.01

Explanation:

compound interest formula $A = P*(1+R)^n#

400

.09

Substituting the values, we get A =

400

⋅

(

1.09

)

518.01

From my alt account from, https://socratic.org/questions/how-much-would-400-invested-at-9-interest-compounded-continuously-be-worth-after

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