Your answer is incorrect An initial amount of 3100 is invested in an account at...

60.1K

Verified Solution

Question

Algebra

image

Your answer is incorrect An initial amount of 3100 is invested in an account at an interest rate of 9 per year compounded continuou Assuming that no withdrawals are made find the amount in the account after five years Do not round any intermediate computations and round your answer to the nearest cent 5

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students