Serenity invested $3,100 in an account paying an interest rate of 2.9% compounded continuously. Assuming no deposits or withdraw
als are made, how much money, to the nearest dollar, would be in the account after 12 years?
1 answer:
Answer:
$4179
Step-by-step explanation:
3,100*.029= 89.9
89.9*12=1,078.80
3,100+1,078.80=4,178.80
4,178.80 rounded to the nearest dollar= 4179
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