Posted by Tony on .
Use the compound interest formulas A = P(1 + r/n)nt and A = Pe^rt to solve.
Find the accumulated value of an investment of $3000 at 9% compounded continuously for 3 years.
what's the problem? You have the formula and the numbers. Plug and chug. The only hard part is picking the proper formula.
We'll be happy to check what you get.