Seudónimo Seudónimo

11-02-2021
Mathematics

contestada

Connor invested $59,000 in an account paying an interest rate of 2.6%
compounded continuously. Assuming no deposits or withdrawals are
made, how much money, to the nearest cent, would be in the account after
10 years?

Respuesta :

madethisfortwitch1 madethisfortwitch1

11-02-2021

Answer:

$76,518.88

Step-by-step explanation:

continuous interest

pe^(rt)

we have

59000e^(.026*10)

76518.88

Answer Link

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