An investment banker deposited $50,000 in an account earning a nominal 6% per year compounded continuously. How much was in the account at the end of three years

The amount in the account at the end of three years will be $59,861.

Step-by-step explanation:

The formula to compute the amount at the end of t years, compounded continuously is:

Here,

A = Amount at the end

P = Principal amount

i = interest rate

t = number of years.

It is provided that:

P = $50,000

i = 6%

t = 3 years

Compute the amount in the account at the end of three years as follows:

Thus, the amount in the account at the end of three years will be $59,861.

12*c

step-by-step explanation:

sas (side angle side)

aa (angle angle)

sss(side side side)

sas find two sides with an angle in between

aa is finding two angles and the third will add up to 180

sss find all sides

step-by-step explanation: