Question

How much money, invested at an interest rate of r % per year compounded continuously, will amount to A dollars after t years? (Round your answer to the nearest cent.)


A = 17,000, r = 4.3, t = 3

Answer 1

a=A(1+r/100)^t
a=17000(1+.043)^3
a=19.288.65
a is your money after 3 years