SOLUTION: Jackson deposited 5,000$ at a 3.8% interest,compounded continuoulsy, when he was 18 years old. How much will be in the account when he is 40 years old if he made no other deposites

Question 840959: Jackson deposited 5,000$ at a 3.8% interest,compounded continuoulsy, when he was 18 years old. How much will be in the account when he is 40 years old if he made no other deposites or withdrawals?

Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!

 

Hi,

A = P e ^(rt)     

    

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