1
answer
0
watching
101
views
10 Nov 2019
Help
You invest $5000 in an account which pays interest compounded continuously. How much money is in the account after 8 years, if the annual interest rate is 2 %? Round your answer to two decimal places. The balance is about $ If you want the account to contain $ 9000 after 8 years, what yearly interest rate is needed? Round your answer to one decimal place. The rate required is about %.
Help
You invest $5000 in an account which pays interest compounded continuously. How much money is in the account after 8 years, if the annual interest rate is 2 %? Round your answer to two decimal places. The balance is about $ If you want the account to contain $ 9000 after 8 years, what yearly interest rate is needed? Round your answer to one decimal place. The rate required is about %.
Jarrod RobelLv2
1 Jul 2019