MATH SOLVE

4 months ago

Q:
# How much would $600 be worth after 10 years, if it were invested at 4% interest compounded continuously? (Use the formula below and round your answer to the nearest cent.) A(t)=P•e^rt

Accepted Solution

A:

Answer:$895.09Step-by-step explanation:Applying the given formula:A = $600e^(0.04*10), or = $895.09