question archive An investor deposits $8,000 into an account that pays 2% compounded continuously, and then deposits money into the account continuously at a rate of $2,800 per year
An investor deposits $8,000 into an account that pays 2% compounded continuously, and then deposits money into the account continuously at a rate of $2,800 per year
Subject:MathPrice: Bought3
An investor deposits $8,000 into an account that pays 2% compounded continuously, and then deposits money into the account continuously at a rate of $2,800 per year. How much will be in the account after 5 years? After 5 years the account balance will be approximately $0
