sanaamoore1 sanaamoore1

16-04-2021
Mathematics

contestada

The Hillmans have $15,000 in a savings account. The bank pays 1.35% interest on savings
account compounded continuously,
Find the total balance after four years.

Respuesta :

dglorifiedone dglorifiedone

18-04-2021

Answer:

A = P(1+r/n)^nt

A= 15000 ( 1+ 1.35/4)^4

A= 15000×3.2

A = 48002

the total balance is 48002

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