Rochelle deposits $4,000 in an IRA. What will be the value (in dollars) of her investment in 25 year

Discussion in 'Calculator Requests' started by math_celebrity, Jul 19, 2021.

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  1. math_celebrity

    math_celebrity Administrator Staff Member

    Rochelle deposits $4,000 in an IRA. What will be the value (in dollars) of her investment in 25 years if the investment is earning 8% per year and is compounded continuously?

    Using our continuous interest calculator, we get:
    29,556.22
     
    math_celebrity, Jul 19, 2021
    #1

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