Aaliyah invested $550 in an account paying interest rate of 4% compounded constantly assuming no deposits or withdrawals are mad
e how much money to the nearest cent would be in the account after 20 years I NEED THE ANSWER ASAP PLEASE!!!!!
1 answer:
Answer:
1224.05
Step-by-step explanation:
formula:
PV(e^(it))
550*e^(.04*20)=1224.0475 which rounds to 1224.05
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