At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Connect with professionals on our platform to receive accurate answers to your questions quickly and efficiently. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Suppose you invest $7500 at an annual interest rate of 4.2% compounded continuously. How much will you have in the account after 2 years? Round the solution to the nearest dollar.

$17,373

$8158

$8157

$17,372


Sagot :

Answer:

$ 8157

Step-by-step explanation:

7500 e^.042(2)   =  8157.22  ~ 8157

We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.