View the step-by-step solution to:

Question

10757910I need help solving this problem

attachment_10152019.png

Search 10:29 AM Tue Oct 15
6 7 87%
Done
V
mathxl.com
Math 1130 Autumn 2019
Javon Lewis &
Homework: MML 8
Save
Score: 0 of 1 pt
V
10 of 14 (9 complete)
A
HW Score: 57.14%, 8 of 14 pts
X 5.3.9
Question Help
If $2000 is deposited in a savings account that earns interest at an annual rate of 7.5% interest compounded continuously, what is the value of the account at the end of four years?
The value of the account at the end of four years will be $.
(Round to the nearest cent as needed.)
Enter your answer in the answer box and then click Check Answer.

Top Answer

The best way to approach your question... View the full answer

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question