If $1,200 is deposited in a savings account that pays interest at a rate of % per year compounded continuously, find the balance after 4 years.
A)$1,826.35
B)$1,808.18
C)$4,520.45
D)$1,790.19
E)$796.38

Question

If $1,200 is deposited in a savings account that pays interest at a rate of  % per year compounded continuously, find the balance after 4 years.
A)$1,826.35 
B)$1,808.18 
C)$4,520.45 
D)$1,790.19 
E)$796.38

Quizplus · Accepted Answer

The Answer of If $1,200 is deposited in a savings account that pays interest at a rate of  % per year compounded continuously, find the balance after 4 years.
A)$1,826.35 
B)$1,808.18 
C)$4,520.45 
D)$1,790.19 
E)$796.38

If $1,200 Is Deposited in a Savings Account That Pays