Find the balance if $5000 is invested in an account paying 4.5% interest compounded continuously for

Discussion in 'Calculator Requests' started by math_celebrity, Jul 23, 2021.

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  1. math_celebrity

    math_celebrity Administrator Staff Member

    Find the balance if $5000 is invested in an account paying 4.5% interest compounded continuously for 21 years

    Using our continuous compounding interest calculator, we get:
    $12,864.07
     
    math_celebrity, Jul 23, 2021
    #1

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