Yefim S. answered 01/25/22
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r = 5.1% = 0.051; A = Pert = 2000e0.051·3 = $2330.65
Mmm A.
asked 01/25/22Find the amount in a continuously compounded account for the given conditions. (Using the formula for continuously compounded interest).
Principal: $2000
Annual Interest: 5.1%
Time: 3 years
A=p.e^rt
Yefim S. answered 01/25/22
Math Tutor with Experience
r = 5.1% = 0.051; A = Pert = 2000e0.051·3 = $2330.65
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