Mathematics, 27.05.2021 04:50 andrewbigbrains8740
Sarita deposits $1,00 in an account paying 3.4% annual interest compounded continuously. Use the formula to continuous compounded interest, A=Pe rt , where p is the principal, r is the annual interest rate, and t is the time in years.
A. What is the balance in Sarita's account after 5 years?
B. How long will it take the balance in Sarita's account to reach $2,000
Answers: 3
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Sarita deposits $1,00 in an account paying 3.4% annual interest compounded continuously. Use the for...
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