An investment of 2,600.00 earns 1.7% annual interest, compounded continuously. If no funds are added or removed from this account, what is the future value of the investment after 24 years?

解

An investment of 2, 600.00 earns 1.7% annual interest, compounded continuously. If no funds are added or removed from this account, what is the future value of the investment after 24 years?

解

Amount : 3909.9

解答ステップ

Translate the problem into an equation:

A = 2600 e^{0.017 \cdot 24}

2600 e^{0.017 \cdot 24} = 3909.89861 \dots

最も近い

h u n d re d t h

に四捨五入:

3909.9

Amount : 3909.9

人気の例

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