michelleeeeee1 michelleeeeee1
  • 14-03-2020
  • Mathematics
contestada

Dylan invested $20,000 in an account paying an interest rate of 5.3% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be in the account after 5 years?

Respuesta :

meganlucz meganlucz
  • 16-03-2020

Answer:

$24,240

Step-by-step explanation:

20,000 + 1,060 (5-1)

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