Mathematics, 13.12.2020 08:10 1969976289

The Ruiz family is saving to buy a new house. They have $5,000 to start a new savings account that has an interest rate of 3.4%, compounded continuously. The family must move into the new house in 18 months. How much money
will be in the savings account after 18 months?
P=Ie^rt
a.$2711
C. $5316
b. $5262
d. $9221

Answers: 2

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The Ruiz family is saving to buy a new house. They have $5,000 to start a new savings account that h...

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