If you put $2,000 in a savings account that pays 6% intrest compounded continuously, how much money will you have in you account in 4 years? Assume you make no additional deposits or withdrawls

Question

anonymous · Answer

is your 6% in the amount of how much money?

abb0t · Answer

When I looked online for compound interest, the formula I found was: $\large FV = P(1+\frac{r}{n})^{nt}$

abb0t · Answer

FV = future value of deposite
P = principal amount of money deosited
r = anual interets. 
n = number of times compounded by year
t = time in years.

anonymous · Answer

So would it be 
A.$2,983.65
B.$3,168.15
C.$2,542.50
D.$8,326.49

abb0t · Answer

Plug in the numbers you have and solve!

anonymous · Answer

agreed you got to work this out i would have been helping but  i have been helping other people with poblems

anonymous · Answer

Okay that's