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PLEASE HELP ME WITH THIS CALC QUESTION!!?!?!?
If you deposit in an account earning interest at an annual rate compounded continuously, how much money is in the account after nine years?
Round your answer to two decimal places.
after 9 years, the account will have?
If you deposit 10,000 in an account earning interest at an 9% annual rate compounded continuously, how much money is in the account after nine years?
Round your answer to two decimal places.
3 Answers
- 2 years ago
P * e^(r * 9)
r is whatever your rate is
P is your initial amount
- Anonymous2 years ago
I cant
