smitty13 smitty13

07-05-2017
Mathematics

contestada

5,ooo invested 5 years 3% interest compounded continuously

Respuesta :

Aliwohaish12 Aliwohaish12

07-05-2017

A=pe^rt

A future value
P principle 5000
R interest rate 3/100 =0.03
T time 5 years

A=5,000×e^(0.03×5)
A=5,809.17

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