Solution

Supposed you invest 2000 at the annual interest rate of 5.6% compounded continuously. How much will you have in the account after 2.5 years?

Solution

Solution steps
Translate the problem into an equation:
Round to the nearest hundredth:

Popular Examples

101 with a 40% discount. what is the sale price?one third a numberFind two positive consecutive odd integers such that the square of the larger integer is one less, than twice the square of the small integer.four more than double number is greater than tenyou buy a watch for 60. your friend buys a watch a month later. it is now sold at a 15% what is the new price?