Mathematics, 12.03.2021 19:00 saintsfan2004
Cooper opened a savings account and deposited $700.00 as principal. The account earns
10% interest, compounded continuously. What is the balance after 10 years?
Use the formula A = Per, where A is the balance (final amount), P is the principal (starting
amount), e is the base of natural logarithms (2.71828), r is the interest rate expressed as a
decimal, and t is the time in years.
Round your answer to the nearest cent.
No
Answers: 1
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Cooper opened a savings account and deposited $700.00 as principal. The account earns
10% interest,...
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