lilovero6madward
lilovero6madward lilovero6madward
  • 23-09-2016
  • Mathematics
contestada

using your calculator, find the money accumulated if i invested $65,000 at 7.3% interest for 10 years compounded continuously.

Respuesta :

diamonds35
diamonds35 diamonds35
  • 23-09-2016
this is for one year with annual compound 

A = 65000(1 + .073/1)^1 
A = 69745 total 

thus, the money made is $4745 interes
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