Answered

compound interest: if 1000$ is compounded continuously at 3% interest, how much money will you have in 5 years? (use the growth formula y=Ce exponent of kt)

Answer :

ronhagrid310

Answer:

The money you will have in 5 years: 1000 x (1 + 3/100)^5 = 1159.27$

Hope this helps!

:)

Other Questions