Ask your own question, for FREE!
Mathematics 19 Online
biibii19:

You invest $1,300 in an account that pays an interest rate of 4.75%, compounded continuously

Mercury:

If it's asking for the total amount after interest, you'd use the pert formula A = Pe^(rt) where P is the principal (1,300), e is euler's number, r is the interest rate as a decimal (0.0475) and t is time

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!