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pauli Group Title

If you put $2,000 in a savings account that pays 6% interest compounded continuously, how much money will you have in your account in 4 years? Assume you make no additional deposits or withdrawals. a. $2,542.50 b. $8,326.49 c. $3,168.15 d. $2,983.65 this section is really confusing for me/:

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  1. FeoNeo33 Group Title
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    2,000 / 10 = 200 / 5 = 100 100 = 5%... 100 x 4 = 400... The answer is a.

    • one year ago
  2. pauli Group Title
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    thanks!

    • one year ago
  3. FeoNeo33 Group Title
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    Medal please

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