Nelson invested 5000 in savings account . If the interest rate is 1.62% how much will be in the account in 3 years by compounding continuously round your answer to the nearest cent

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section10.2: Evaluate And Graph Exponential Functions
Problem 10.31TI: Angela invested $15,000 in a savings account. If the interest rate is 4%, how much will be in the...
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Nelson invested 5000 in savings account . If the interest rate is 1.62% how much will be in the account in 3 years by compounding continuously round your answer to the nearest cent
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