Ask your own question, for FREE!
Mathematics 7 Online
OpenStudy (anonymous):

invest $1,100 in an account that has an annual interest rate of 2.1%, compounded continuously. How much money will be in the account after 7 years? Round your answer to the nearest whole number

OpenStudy (anonymous):

161.7=162 1100*.021*84/12=161.7

OpenStudy (anonymous):

Now add the two amounts to get $1,262

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!