contesarahm
contesarahm contesarahm
  • 03-05-2021
  • Mathematics
contestada

If $190 is invested at an interest rate of 11% per year and is compounded continuously, how much will the investment be worth in 4 years? Use the continuous compound interest formula: A = Pert.

a. $198.55
b. $209.51
c. $295.01
d. $2,950.14

Respuesta :

ashowrav2000
ashowrav2000 ashowrav2000
  • 03-05-2021

Answer:

answer is c) 295.01

hope this helps

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