If $6000 is invested in an account for which interest is compounded continuously

Algebra
Tutor: None Selected Time limit: 1 Day

 find the amount of the investment at the end of 13 years for the following interest rates. (Round your answers to the nearest cent.)

(a)    2%
 

(b)    3%
 

(c)    4.5%
 

(d)    8%

Apr 3rd, 2015

1) 600*e^(13*0.02)=778.2

2) 600*e^(13*0.03)=

Do the same thing for c and d. Let me know how it goes .

Apr 3rd, 2015

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Apr 3rd, 2015
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Apr 3rd, 2015
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