Question

If $4000 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the nearest cent.) [4,8,12]

Answer 1

\[\huge 4000\times e^{0.0525\times \color{red}4}\] for the first one
and a calculator
then replace \(\color{red}4\) by the other numbers

Answer 2

math teacher question
no one compounds money continuously
that is for things found in nature

Answer 3

ok thank you