Answered

Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

you deposit $500 in an account that pays 5% annual interest compound continuously what is the balance after 3 years

Sagot :

amndebater16

Answer:

So I= p x r/100 x t

= 500 x 5/100 x 3

= 25 x 3

$75 interest

Balnce will be $575

We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.