Questions LLC
Login
or
Sign Up
Ask a New Question
Questions
Math
You deposit $24000 in an account that pays 2.4% annual interest compounded continuously. What is the balance after 5 years?
1 answer
amount = 24000 (e^(.024(5))
= 24000 e^.12
= ----
You can
ask a new question
or
answer this question
.
Related Questions
On your birthday, you deposit $540.00 in an account that pays 6% interest, compounded annually. How much is in the account 3
You deposit $1000 into an account that pays interest at a 5.5% annual rate compounded continuously. After years, the balance in
suppose you won a contest at the start of 5th grade that deposited $3000 in an account that pays 5% annual interest compounded
If you have a savings of $2235 and deposit the amount into an account that pays 2% annual interest, compounded monthly, what is
Joe deposits $1,500 in an account that pays 3% annual interest compounded continuously.How much will Joe have in his account
You deposit $500 in an account that pays 3% annual interest. Find the balance after 2 years if the interst is compounded with
Kerry Stutsman has $500 in a saving account earning .45% interest. She is considering buying a 1-year certificate of deposit
On the day of a child's birth, a deposit of $30,000 is made in a trust fund that pays 3% interest, compounded continuously.
Suppose you deposit $1,500 in a savings account that pays interest at an annual rate of 5%. If no money is added or withdrawn
you deposit $2200 in an account that pays 3% annual interest. after 15 years, you withdraw the money.
what is the balance if the
