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bagirrra123 [75]
3 years ago
6

Please someone help I really need it and please answer if you can give me the answer I will give brainleast just please help me

with this

Mathematics
1 answer:
andrey2020 [161]3 years ago
5 0

Answer: I tried to use the step by step explanation of your exercise, I hope Otis helping you and have a nice rest of your day :)

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you have $15,000 to invest for 5 years at 5.5% annual interest rate that is compounded continuously. how much money will you hav
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Answer:

$19,747.96

Step-by-step explanation:

You are going to want to use the continuous compound interest formula, which is shown below:

A = Pe^{rt}

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<em>P = principal amount</em>

<em>r = interest rate (decimal)</em>

<em>t = time (years)</em>

<em />

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