An investment of $4,000 is deposited into an account in which interest is compou

User Generated

FBFHER

Mathematics

Description

 interest is compounded continuously. Complete the table by filling in the amounts to which the investment grows at the indicated interest rates.

please help answer wrong

t = 6 yr

Rate
per year
Amount
1% 
2% 
3% 
4% 
5% 
6% 

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

1%
$ 4246.081
2%
$ 4504.65
3%
$ 4776.209
4%
$ 5061.276
5%
$ 5360.383
6%
$ 5674.076



Anonymous
Awesome! Perfect study aid.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags