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You deposit 2000 in an account earning 6% interest compounded continuously. How much will you have in the account in 10 years?

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解答

Youdeposit2000inanaccountearning6%interestcompoundedcontinuously.Howmuchwillyouhaveintheaccountin10years?

解答

Amount:3644.24
求解步骤
Translate the problem into an equation:A=2000e0.06⋅10
2000e0.06⋅10=3644.23760…
Round to the nearest hundredth:3644.24
Amount:3644.24

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