Question

Isaac invested $77,000 in an account paying an interest rate of 4.6% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be in the account after 12 years?​

Answer 1

Answer:

133,727.67

Step-by-step explanation:

the other one is wrong

also have a nice day

Answer 2

The amount of the money to the nearest cent, would be in the account after 12 years is $133,307.18.

Calculation of the amount:

Since the invested amount is $77,000

The rate of interest is 4.6% compounded continuously

And, the number of years is 12

So,

= $77,000 * (1 + 0.046/12)^48

= $133,307.18

hence, The amount of the money to the nearest cent, would be in the account after 12 years is $133,307.18.

Learn more about amount here: https://brainly.com/question/24338143