How much money, invested at an interest rate of r % per year compounded continuously, will amount to A dollars after t years? (Round your answer to the nearest cent.)

A = 17,000, r = 4.3, t = 3

Question

Joel Miranda

15 April, 20:46

+1

Answers (1)

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Kassandra Lam · Answer 1

A=A (1+r/100) ^t

a=17000 (1+.043) ^3

a=19.288.65

a is your money after 3 years

How much money, invested at an interest rate of r % per year compounded continuously, will amount to A dollars after t years? (Round your answer to the nearest cent.)A = 17,000, r = 4.3, t = 3