Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Explore thousands of questions and answers from a knowledgeable community of experts on our user-friendly platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

Question
Evelyn placed $1500 in a savings account which earns 5.2% interest, compounded continuously,
How much will she have in the account after 8 years?
Round your answer to the nearest dollar
DO NOT round until you have calculated the final answer.

Sagot :

Answer: 5.2R% of 1500= 78,00 per year

so 8 years 78.00 x 8 = 624

1500+624= 2124

.or 1932.72 if 2124+5.2%........

Step-by-step explanation:

Answer:

Step-by-step explanation:

So the final answer is $2274.

Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.