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OpenStudy (anonymous):
Suppose that interest on money in the bank accumulates at an annual rate of6% per year compounded continuously. If you deposit $3000 in the account today, how much will it be worth 20 years from now?(see attachment) (Hint: First find the equation that represents the balance B = B(t) in the account at time t years.)
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OpenStudy (anonymous):
OpenStudy (anonymous):
put in formula i told u in last question...
OpenStudy (anonymous):
it would b option B =9960.35
OpenStudy (anonymous):
thanks!
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