Question

Jackson invested $52,000 in an account paying an interest rate of 2.1% compounded
continuously. Assuming no deposits or withdrawals are made, how much money, to
the nearest dollar, would be in the account after 17 years?

Answer 1

Answer:

74310

Step-by-step explanation:

A=52000e ^0.021(17)

A=52000e^{0.357}

A=52000e^ 0.357

A=74309.8652324

A=74310