kierraw12345 kierraw12345

09-03-2017
Mathematics

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how much would $300 invested at 7% interest compounded continuously be worth after 4 years? round your answer to the nearest cent

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LacyMarie LacyMarie

09-03-2017

7% of 300 = 21
7% of 321 = 22.47
7% of 343.47 = 24.04
7% of 367.51 = 25.72
$393.23 (or somewhere close to it, since I rounded it every time)

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