Looking for reliable answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Ask your questions and receive precise answers from experienced professionals across different disciplines. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

GIVING 15 PTS HELP PLEASEEEEE

GIVING 15 PTS HELP PLEASEEEEE class=

Sagot :

9514 1404 393

Answer:

  $2352

Step-by-step explanation:

The second formula applies for continuous compounding. You have ...

  P = $1500, r = 0.0225, t = 20

Then ...

  A = $1500e^(0.0225·20) ≈ $2352

Ted will have $2352 after 20 years.