hernandeztrinity156 hernandeztrinity156

Today at 12:40 PM
Mathematics

Answered

you deposit $3,000 in an account that pays 5% annual interest compounded continuously. what is the balance after 2 years

Answer :

philipD philipD

Today at 12:46 PM

$300

What I did was 3000 X 0.05 to find the interest per year and got 150
Then I multiplied that by 2 for the 2 years and got $300

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haneenwkaddoura haneenwkaddoura

Today at 12:45 PM

Answer:

Step-by-step explanation:

$3307.50

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