If $1,100 is deposited in a savings account that pays interest at a rate of % per year compounded continuously, find the balance after 4 years.
A)$3,981.27
B)$759.81
C)$1,576.66
D)$1,592.51
E)$1,608.51

Question

If $1,100 is deposited in a savings account that pays interest at a rate of  % per year compounded continuously, find the balance after 4 years.
A)$3,981.27 
B)$759.81 
C)$1,576.66 
D)$1,592.51 
E)$1,608.51

Quizplus · Accepted Answer

The Answer of If $1,100 is deposited in a savings account that pays interest at a rate of  % per year compounded continuously, find the balance after 4 years.
A)$3,981.27 
B)$759.81 
C)$1,576.66 
D)$1,592.51 
E)$1,608.51

If $1,100 Is Deposited in a Savings Account That Pays