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You deposit $6000 in an account earning 4% interest compounded continuously. How much will you have in the account in 5 years? $ Question Help: Video Submit Question

You deposit $6000 in an account earning 4% interest compounded continuously. How much will you have in the account in 5 years? $ Question Help: Video Submit Question

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 16E
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### Continuous Compound Interest Calculation You deposit $6000 in an account earning 4% interest compounded **continuously**. How much will you have in the account in 5 years? **Answer Box:** $ *Question Help:* ![Video Icon] - [Video Tutorial]() **Submit Question:** [Submit Question Button]
Transcribed Image Text:### Continuous Compound Interest Calculation You deposit $6000 in an account earning 4% interest compounded **continuously**. How much will you have in the account in 5 years? **Answer Box:** $ *Question Help:* ![Video Icon] - [Video Tutorial]() **Submit Question:** [Submit Question Button]
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