Mathematics, 27.06.2020 23:01 miargaree1823
PLEASE HELP ! :(
Peter put $8,000 into a savings account that pays 6% interest, compounded continuously. After five years, Peter will have 5
in the account.
Hint: Use the formula A-perm, where A is the amount after tyears, Pis the amount invested, ris the rate of interest is the time period.
and e-2.718. Use a calculator to compute your answer.
Answers: 3
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Peter put $8,000 into a savings account that pays 6% interest, compounded continuo...
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