Answer:

Step-by-step explanation:
we know that
The formula to calculate continuously compounded interest is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
e is the mathematical constant number
we have
substitute in the formula above
solve for t
simplify
Apply ln both sides
Applying property of exponents
Remember that ln(e) =1

Answer:
Yes!
Step-by-step explanation:
4.70 (1/100) = 4.70(.01) = .047
Investment we not would be worth $2139.71
0.032 is the interest
since it is half a year, double this one
0.032 x 2 = 0.064
your formula is A = P(1 + (r/n)^nt
P is principle
R is rate
N is number of times
T is time
A = <span>32,675.12(1 + (0.032/2)^2(5)
A = 32675.12(1 + (0.016)^10
A = 32675.12(1.016)^10
A = 32675.12 (1.172)
A = 38295.24064
Your answer is ~38295.24
hope this helps
none of the answers make sense, because you can withdraw a lot more money from your bank account than that, unless you are missing some numbers and stuff</span>