magr1651 magr1651
  • 17-12-2018
  • Mathematics
contestada

Jackson deposited $5,000 at 3.8% interest, compounded continuously, when he was 18 years old. How much will be in the account when he is 40 years old if he made no other deposits or withdrawals?

Respuesta :

gemagems gemagems
  • 26-12-2018
5,000 × 3.8%= 19,000×18= 342,000 × 40 = 13,680,000
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