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consider an investment where 42000 is invested for 10 year at 6% compounded continuously. how much will this investment be worth after 10 year . what is the total amount earned in compound interest

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解答

consideraninvestmentwhere42000isinvestedfor10yearat6%compoundedcontinuously.howmuchwillthisinvestmentbeworthafter10year.whatisthetotalamountearnedincompoundinterest

解答

Amount:76528.99
Amount:76528.99
求解步骤
Translate the problem into an equation:A=42000e0.06⋅10
42000e0.06⋅10=76528.98961…
Round to the nearest hundredth
Amount:76528.99
Amount:76528.99

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