Math, asked by naseermak5147, 1 year ago

suppose you invest $2000 at an annual interest rate of 5.1% compounded continuously. how much will you have in the account after 3 years?

Answers

Answered by Nawal17401
0

Interest=

Invested money+time+Interest rate

100

=2000×3×5.1

100

=20×3×5.1[By cancelling 2000 & 100]

=60×5.1

=306

So,after 3 years,the account will have

=$(2000+306)

=$2306

Ans:$2306.

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