SOLUTION: Financial Mathematics
A. An amount of 2340 pesos is deposited in a bank paying an annual interest rate of 3.1%, compounded continuously. Find the balance after 3 years.
Algebra.Com
Question 1139011: Financial Mathematics
A. An amount of 2340 pesos is deposited in a bank paying an annual interest rate of 3.1%, compounded continuously. Find the balance after 3 years.
Answer by VFBundy(438) (Show Source): You can put this solution on YOUR website!
P 2568.04
RELATED QUESTIONS
Hello, I would like someone to check if I did this correctly please!
Given: Bank A is... (answered by richwmiller)
If x dollars is deposited every four weeks (13 times a year) into an account paying an... (answered by greenestamps)
Mr Jake deposited an amount of 10 000 in a bank that pays 4% annual interest compound... (answered by jorel1380)
A principal of $12,000 is invested in an account paying an annual interest rate of 6%.... (answered by rfer)
An investment of $37,000 was deposited in the bank. Interest was computed on a... (answered by mananth)
A financial advisor invests some money in a municipal bond paying 3% annual interest and... (answered by richwmiller)
A financial planner recommended that part of the client’s 600000 Pesos cash account be... (answered by stanbon)
Can somebody help me with this question? I need it answer by today.
A financial... (answered by Alan3354)
investments: An investor has a total of 25,000 deposited into three diffrent accounts,... (answered by josmiceli,padmameesala)