document.write( "Question 453216: $1000 is invested at 5% compounded monthly. to how much money will that grow in 10 years?how much will it be if interest is compounded continously? \n" ); document.write( "
Algebra.Com's Answer #311418 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! A=1000(1+0.05/12)^12*10 \n" ); document.write( "A=1000(1.00417)^120 \n" ); document.write( "A=1000*1.6477 \n" ); document.write( "A=1647.65 \n" ); document.write( "-------------------- \n" ); document.write( "A=1000(2.7183)^0.05*10 \n" ); document.write( "A=1000*1.6487 \n" ); document.write( "A=1648.73 \n" ); document.write( " |