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3 years ago

15

Francis deposits $11,000 in an IRA. What will be the value of his investment in 9 years if the investment is earning 4.1% per ye

ar and is compounded continuously?

2 answers:

elena-s [515]3 years ago

6 0

Answer:

$15,059

Step-by-step explanation:

4.1 x 9 = 36.9

36.9% of 11,000 = 4059

11,000 + 4,059 = 15,059

solniwko [45]3 years ago

6 0

Answer:

15,909.16

Step-by-step explanation:

This is the answer

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