SOLUTION: This is my question: $980 was deposited at 7% interest compounded continuously. How much was there at the end of 9 years? My answer was $1842.40 and the answer book says that the c
Algebra ->
Exponential-and-logarithmic-functions
-> SOLUTION: This is my question: $980 was deposited at 7% interest compounded continuously. How much was there at the end of 9 years? My answer was $1842.40 and the answer book says that the c
Log On
Question 1100699: This is my question: $980 was deposited at 7% interest compounded continuously. How much was there at the end of 9 years? My answer was $1842.40 and the answer book says that the correct answer was $1840. Was I simply not told to round, or was my answer incorrect? Thank you! Answer by greenestamps(13200) (Show Source):
