‚ÄčIf $2500 is invested at an interest rate of 5.5% per year, compounded continuou

Algebra
Tutor: None Selected Time limit: 1 Day

If $2500 is invested at an interest rate of 5.5% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the nearest cent.)

(a) 3 years
 

(b) 6 years
 

(c) 18 years
Apr 3rd, 2015

a. $2912

b. $3325

c.$4975

Apr 3rd, 2015

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Apr 3rd, 2015
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Apr 3rd, 2015
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