Question

If $625 is invested at an interest rate of 7% per year and is compounded continuously, how much will the investment be worth in 12 years? Use the continuous compound interest formula: A = Pert

a $1,447.73

b $1,477.72

c $2,895.46

d $2,955.44

Answer 1

Answer would be b I think sorry if it’s wrong

Answer 2

Answer:

a. $1,447.73

Step-by-step explanation: