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人気のある >

If 3500 is invested at an interest rate of 8.25% per year, compounded continuously, find the value of the investment after 2 years

解

If 3500 is invested at an interest rate of 8.25% per year, compounded continuously, find the value of the investment after 2 years

解

Amount : 4127.88

解答ステップ

Translate the problem into an equation:

A = 3500 e^{0.0825 \cdot 2}

3500 e^{0.0825 \cdot 2} = 4127.87591 \dots

最も近い

h u n d re d t h

に四捨五入:

4127.88

Amount : 4127.88

人気の例

Jenny opened a savings account and deposited 1,016.00 as principal. The account earns 8.61% interest, compounded quarterly. What is the balance after 10 years?Andy has 1,000 in an account. The interest rate is 15% compounded annually.To the nearest cent, how much will he have in 2 years?The sum of 20 and twice a number is-18 The greater of two consecutive integers is 7 greater than twice the smaller. Find the integers.Isaiah invests 2,975 in a retirement account with a fixed annual interest rate of 3% compounded 12 times per year. What will the account balance be after 13 years?