SOLUTION: Simone invests $1000 at 8% compounded continuously. How much does she have after 5 years?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Simone invests $1000 at 8% compounded continuously. How much does she have after 5 years?       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 627619: Simone invests $1000 at 8% compounded continuously. How much does she have after 5 years?


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

Hi,Simone invests $1000 at 8% compounded continuously.  

How much does she have after 5 years?



A+=+%241000e%5E%28.08%2A5%29