Mathematics, 22.09.2019 05:10 ronitgoswami
Peter put $8,000 into a savings account that pays 6% interest, compounded continuously. after five years, peter will have $ 8,001.35 10,798.53 21,744.00 160,634.32 in the account.
hint: use the formula a = pert, where a is the amount after t years, p is the amount invested, r is the rate of interest, t is the time period, and e = 2.718. use a calculator to compute your answer
Answers: 1
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Peter put $8,000 into a savings account that pays 6% interest, compounded continuously. after five y...
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