Homework Help: Algebra

Posted by heather on Monday, October 29, 2012 at 11:07pm.

Suppose you invest $5000 at an annual rate of 4% compounded continuously how much will be in the account after 5 years?

Algebra - Steve, Tuesday, October 30, 2012 at 10:49am
5000*e^(5*.04) = $6107
Algebra - Anonymous, Monday, November 12, 2012 at 3:02pm
$6083.26

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