You invert $1,100 in an account that has an annual interest rate of 2.1%, compounded continuously. How much money will be in the account after 7 years?

ANSWERS

2016-04-28 00:07:37

I would use Pe^rt because it is compounded continuously A=1,100e^.021*7 And I get about $ 1,274.19 through plugging it in my Ti-89

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