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You deposit 2000 in an account earning 5% interest compounded continuously. How much will you have in the account in 5 years?

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解答

Youdeposit2000inanaccountearning5%interestcompoundedcontinuously.Howmuchwillyouhaveintheaccountin5years?

解答

Amount:2568.05
求解步骤
Translate the problem into an equation:A=2000e0.05⋅5
2000e0.05⋅5=2568.05083…
Round to the nearest hundredth:2568.05
Amount:2568.05

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