contestada

9. If you invest $2000 an account that pays 8 % interest
compounded quarterly, how much will you have in the account after 20
years? How much would you have if the same account was continuously
compounded?
A=
Pert

Respuesta :

AlexTrusk

Answer:

2000 * 1.08 * 1.08 * 1,08 ....

well, since we are multiplying the same number over and over, let's just write

[tex] 2000 \times {1.08}^{20} [/tex]

equals

$9321.91

Otras preguntas