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Mathematics 23 Online
OpenStudy (anonymous):

How much would $300 invested at 7% interest compounded continuously be worth after 4 years? Round your answer to the nearest cent. Do not include units in your answer.

OpenStudy (anonymous):

A = 300(1+.07)^4 393.24

OpenStudy (anonymous):

that was wrong

OpenStudy (anonymous):

?

OpenStudy (anonymous):

Oh, I messed up. I think It's 2505.63

OpenStudy (acxbox22):

300(1.07)^4 300(1.31079601) \(\approx\) 393.24

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