Mathematics, 15.04.2021 18:30 vlactawhalm29
Nambu deposits $2000 in an account that pays 3.75% interest compounded continuously every year. How much money will Nambu have in 5 years assuming no other transaction has been made? How much the earned interest ?
Y = Pe ^rt^
P=2000
r=0.0375
t=5
Please provide a detailed and logical explanation PLEASE SHOW YOUR WORK!
Answers: 1
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Nambu deposits $2000 in an account that pays 3.75% interest compounded continuously every year. How...
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