document.write( "Question 220941: Find the accumulated amount after 5 years if $12,000 is invested at 18% per year compounded continuosly. Do I use 365 and 1/2???? I'm confused. \n" ); document.write( "
Algebra.Com's Answer #165830 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! 12,000*e^rt \n" ); document.write( "12,000*2.7182^(.18^5) \n" ); document.write( "12,000*2.4596=29,515.24 ans. \n" ); document.write( " |