Faith invested $1,100 in an account paying an interest rate of 5.1% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest ten dollars, would be in the account after 18 years?
1 answer
Question:
Faith invested $1,100 in an account paying an interest rate of 5.1% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest ten dollars, would be in the account after 18 years?
Answers
Answer: The amount is $2367.32 and the interest is $1267.32Step-by-step explanation:
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