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Luba_88 [7]
3 years ago
7

Ceasar opens a bank account and makes an initial deposit of $800. The banker tells Ceasar that he is going to receive an annual

rate of 10% compounded continuously on his investment. Find the bank balance assuming Ceasar leaves the account untouched for 8 years. asnwer this question using the fomula A(t) = Pe^(rt). please show work
Mathematics
1 answer:
8090 [49]3 years ago
6 0

Answer:

The formula is

A=p (1+r)^t

A future value?

P present value 800

R interest rate 0.1

T time 8 years

A=800×(1+0.1)^(8)

A=1,714.87

Step-by-step explanation:

brainliest pls

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