If $900 is deposited in a savings account that pays interest at a rate of % per year compounded continuously, find the balance after 7 years.
A)$1,418.56
B)$581.08
C)$1,369.77
D)$1,393.95
E)$3,484.87

Question

If $900 is deposited in a savings account that pays interest at a rate of  % per year compounded continuously, find the balance after 7 years.
A)$1,418.56 
B)$581.08 
C)$1,369.77 
D)$1,393.95 
E)$3,484.87

Quizplus · Accepted Answer

The Answer of If $900 is deposited in a savings account that pays interest at a rate of  % per year compounded continuously, find the balance after 7 years.
A)$1,418.56 
B)$581.08 
C)$1,369.77 
D)$1,393.95 
E)$3,484.87

If $900 Is Deposited in a Savings Account That Pays