kmkrreeves2559 kmkrreeves2559

04-08-2020
Mathematics

contestada

Peter saved up $20,000 in an account earning a nominal 5% per year compounded continuously. How much was in the account at the end of two years? Round the answer to nearest dollar.

Respuesta :

WJX071116 WJX071116

04-08-2020

Answer:

$22,050

Step-by-step explanation:

$20,000+5%=$21,000

$21,000+5%=$22,050

Answer Link

michiorozco michiorozco

21-03-2021

Answer: 22,103

Step-by-step explanation:

Answer Link

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