Question

1) You deposit $4800 in an account that pays 6.5% annual interest compounded continuously. What is the
balance after three years to the nearest cent?

Answer 1

Answer: I did the math and this is what I got: 5,736

Step-by-step explanation: To figure out what the answer is to these problems you are going to take the first number..... 4,800x0.065=312 (0.065 is just the decimal of 6.5%.) So now you are going to take how many years there are and multiply 312 by 3=936.    And after this if it says what is the balance of the three years, than you are going to take your first number (4,800) and add it to 936=(5736)-is your answer

But... if it says what is your total intrest.....than 936 would be your answer..!

So......your final answer for this question is $5,736!!!!

Brainliest would help alot THanks have a great day!!

GOD BLESS YOU!!!!!!