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% | $ |
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Explanation & Answer
1% | $ 4246.081 |
2% | $ 4504.65 |
3% | $ 4776.209 |
4% | $ 5061.276 |
5% | $ 5360.383 |
6% | $ 5674.076 |
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