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Dimas [21]
3 years ago
5

Helppppppppppppppppppppppppppppppp

Mathematics
1 answer:
Alisiya [41]3 years ago
4 0

Answer:

I dont know

Step-by-step explanation:

I dont know sorry

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Ken has an investment account which compounds interest continuously at a rate of 3.4%. After 4 years, he has $4400 in the accoun
Maksim231197 [3]

Answer:

$6617

Step-by-step explanation:

Use the formula for calculating compound interest A=P0ert where A is the unknown, P0=4400, r=0.034, and t=12. Substitute the values into the formula and simplify.

A=4400e0.034⋅12

A=4400e0.408

A=4400(1.503...)

A=6616.75

After 12 years, there will be A≈6617 in the account, rounded to the nearest dollar.

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