SOLUTION: How much money will there be in an account at the end of 8 years if $6000 is deposited at a 6.5% annual rate that is compounded continuously? The amount after 8 years will be?

Algebra ->  Finance -> SOLUTION: How much money will there be in an account at the end of 8 years if $6000 is deposited at a 6.5% annual rate that is compounded continuously? The amount after 8 years will be?      Log On


   



Question 808282: How much money will there be in an account at the end of 8 years if $6000 is deposited at a 6.5% annual rate that is compounded continuously?
The amount after 8 years will be?

Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
How much money will there be in an account at the end of 8 years if $6000 is deposited at a 6.5% annual rate that is compounded continuously?
----------------
AMT+=+6000%2Ae%5E%288%2A0.065%29