Jasmine invests $1500 in an account that earns an interest rate of 4% compounded
continuously. How much money will she have in 4 years? (round to the hundredth place)

After 4 years she will have $1760.67 in her account.

Step-by-step explanation:

Jasmine invested initial amount = $1500

Rate of interest = 4% compounded continuously

Duration of investment = 4 years

Formula to calculate the final amount when compounded continuously is,

where I = Initial amount

r = rate of interest

t = duration of investment

P(t) = Final amount

        =

        = 1760.266

        ≈ $1760.27

Therefore, after 4 years she will have $1760.67 in her account.

answer: since the question is talking about growth you have to use the growth formula which is inital amount (1 + growth)^time

step-by-step explanation:

the intial amount is 1200, the growth is 4.8, and the time is 7. plug those numbers into the equation, also i think you have to change 4.8 into a percent. but, i have forgotton how to do that. if this is a online class go on to the lesson.

the answer to the expression is 83