kballance01 kballance01

04-10-2020
Mathematics

contestada

Nelson invested $5,500 in a savings account. If the interest rate is 1.62%, how much will be in the account in 3 years by compounding continuously?
Round your answer to the nearest cent.
Do NOT round until you have calculated the final answer.

Respuesta :

jose0709 jose0709

04-10-2020

Answer:

89.1

Step-by-step explanation:

1.62% of 5,500 = 891/10 = 89.1

if im wrong them im sorry :<

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