Solución
Suppose an investment earns 2.4% interest compounded continuously. Find the future value of a 4800 investment after 17 years. Round your answer to the nearest cent, if necessary.
Solución
Pasos de solución
Translate the problem into an equation:
Round to the nearest hundredth:
Ejemplos populares
Denise opened a savings account and deposited 4,000.00 as principal. The account earns 11% interest, compounded quarterly. What is the balance after 9 years?You deposit 6000 in an account earning 2% interest compounded continuously. How much will you have in the account in 10 years?the sum of 2 numbers is 32. one number is 3 times largerfour times a number is 112Twice the difference of a number and 7 is equal to 8.