Ask your own question, for FREE!
Mathematics 26 Online
OpenStudy (anonymous):

6. Suppose that $2000 is invested at a rate of 6% per year compounded continuously. What is the balance after 1 yr? After 2 yrs?

OpenStudy (amistre64):

Pert

OpenStudy (amistre64):

A = 2000 e^(.06*t )

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!