Number 18. If $2500 is invested in a long-term fund with an interest rate of %5 compounded continuously, what is the amount of m
oney in the account after 20 years? Round the answer to the nearest cent. (Correct answer will get brainliest)
1 answer:
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Answer:
1.49 x hours
Step-by-step explanation:
1 day=24hours
1 year=365 days
365days=24 x 365=8760hours
17 years
= 8760hours x 17
=148920hours
=1.4892 x
= 1.49 x hours