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You deposit 5000 in an account earning 2% interest compounded continuously. How much will you have in the account in 15 years?

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解答

Youdeposit5000inanaccountearning2%interestcompoundedcontinuously.Howmuchwillyouhaveintheaccountin15years?

解答

Amount:6749.29
求解步骤
Translate the problem into an equation:A=5000e0.02⋅15
5000e0.02⋅15=6749.29403…
Round to the nearest hundredth:6749.29
Amount:6749.29

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