anonymous
  • anonymous
suppose you invest 1050 at an annual interest rate of 5.5% compounded continously how much will you have in the account after 5 years round the solution to the nearest dollar
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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jamiebookeater
  • jamiebookeater
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anonymous
  • anonymous
hmm let me think
anonymous
  • anonymous
A=P(1+r/n)^tn P = principal amount (the initial amount you borrow or deposit - $1050) r = annual rate of interest (in decimal - .055) t = number of years the amount is deposited or borrowed for. n = number of times the interest is compounded per year
anonymous
  • anonymous
P=I/RT

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anonymous
  • anonymous
does this help?

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