Question

Medal&Fan!
Paul invests $20,000.00 in a savings account which pays 8% compounded continuously. Consider the following formula, where A is the ending account balance after t years, P is the initial amount of money invested, and r is the interest rate.

A = P(2.71)rt

How much money would he have in his savings account after 4 years?
$23,458.76
$27,515.67
$32,274.18
$21,660.45

Answer 1

I think it might be A. 23,458.76 not 100% sure thou

Answer 2

let check hold on

Answer 3

u are correct

Answer 4

um. well,it turned out not to be A, thanks thou.