alysiatiller alysiatiller
  • 20-04-2020
  • Mathematics
contestada

How much would $300 invested at 7% interest compounded continuously be
worth after 4 years? Round your answer to the nearest cent.
A(t) = P*e^rt

Respuesta :

Addispaddi
Addispaddi Addispaddi
  • 22-04-2020

Answer:

To find the simple interest, we multiply 300 × 0.07 × 4 to get that:

The interest is: $84.00

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