emilygoy1 emilygoy1

19-05-2017
Mathematics

contestada

If Sarita deposits $1000 in an dollars in account paying 3.4% annual interest compounded continuously what is the balance in the account after five years

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wolf1728 wolf1728

19-05-2017

Total = 1,000 * 2.718281828459^(.034 * 5)
Total = 1,000 * 2.718281828459^0.17
Total = 1,000 * 1.1853048513
Total = 1,185.30

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