ti1y6ahLeeSkii ti1y6ahLeeSkii

19-12-2016
Mathematics

Answered

You invest $2000 in a bank account that has 5% annual interest rate, compound ed continously. how much will you have in 5 years?

Verified Answer :

Apocrophon Apocrophon

19-12-2016

total = $2000(1.05)^5
money = $2552.56

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