You invest $350 in an account with an interest rate of 1.2% compounded continuously. How much money would be in the account afte

Question

Pie

3 years ago

11

You invest $350 in an account with an interest rate of 1.2% compounded continuously. How much money would be in the account afte

r 10 years? Round your answer to the nearest whole number.

Mathematics

2 answers:

m_a_m_a [10] · Answer 1 · 2022-04-20T13:16:13+03:00

m_a_m_a [10]3 years ago

6 0

$395 rounded to the nearest whole number.

kozerog [31] · Answer 2 · 2022-04-20T11:03:09+03:00

kozerog [31]3 years ago

5 0

Change 1.2%into decimal you will get 0.012
then multiply 350 by 0.012 you got the answer
then add the 0.012 with the 10 you will get 10.012
at the end round your answer to the whole number