If $800 is deposited in a savings account that pays interest at a rate of % per year compounded continuously, find the balance after 7 years.
A)$481.60
B)$1,305.85
C)$1,352.37
D)$1,328.91
E)$3,322.27

Question

If $800 is deposited in a savings account that pays interest at a rate of  % per year compounded continuously, find the balance after 7 years.
A)$481.60 
B)$1,305.85 
C)$1,352.37 
D)$1,328.91 
E)$3,322.27

Quizplus · Accepted Answer

The Answer of If $800 is deposited in a savings account that pays interest at a rate of  % per year compounded continuously, find the balance after 7 years.
A)$481.60 
B)$1,305.85 
C)$1,352.37 
D)$1,328.91 
E)$3,322.27

If $800 Is Deposited in a Savings Account That Pays