Posted by Student09 on Monday, December 3, 2012 at 11:47pm.
Aidan has $7565 in his checking account. He invests $5000 of it in an account that earns 3.5% intersest compounded continuously. What is the total amount of his investment after 3 years?

Math  Steve, Monday, December 3, 2012 at 11:56pm
5000e^(.035*3) = 5553.55
Answer This Question
Related Questions
 Math  Emma receives $7750 and invests it in an account that earns 4% interest ...
 math  An initial investment of $1240 is appreciated for 17 years in an account ...
 math  Riley invests $100 in the year 2000. The account is compounded annually. ...
 Math  Suppose an individual makes an initial investment of $1100 in an account ...
 Math  Suppose an individual makes an initial investment of $2400 in an account ...
 math  Suppose that you have $12,500 to invest over a 4 year period. There are ...
 math  a bank account earns 7% annual interest compounded continuously. you ...
 math  Suppose an individual makes an initial investment of $1100 in an account ...
 math  v(t)= Ce^(k(square root(t)) Suppose that the dealer, who is 25 years old...
 math  v(t)= Ce^(k(square root(t)) Suppose that the dealer, who is 25 years old...
More Related Questions