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OpenStudy (nathanjhw):
Suppose that interest on money in the bank accumulates at an annual rate of 6% per year compounded continuously. If you deposit $3000 in the account today, how much will it be worth 20 years from now?
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OpenStudy (nathanjhw):
$9960.35 $10,030.45 $903.58 $10,066.36 $6775.68
OpenStudy (nathanjhw):
@rational
OpenStudy (nathanjhw):
I just need the equation.
OpenStudy (anonymous):
I don't have any knowledge about banking and stuff like that, maybe you could rephrase the question and maybe I can help
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