taeboog2 taeboog2

Today at 1:23 PM
Mathematics

Answered

$600 is deposited in an account that pays 7% annual interest, compounded continuously. What is the balance after 5 years? Please help me!!!

$600 is deposited in an account that pays 7% annual interest, compounded continuously. What is the balance after 5 years? Please help me!!! class=

Answer :

hassanbello2001 hassanbello2001

Today at 1:28 PM

Answer:

810

Step-by-step explanation:

600 x7x 5/100 = 210

balance after 5yrs is 210 + 600=810

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