What is the total amount of 4500 TL with 3,7 % continuously compound interest after 3 years?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...
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a) 5328,28
b) 5128,28
c) 5028,28
d) 5228,28

What is the total amount of 4500 TL with 3,7 % continuously compound interest after 3
years?
Transcribed Image Text:What is the total amount of 4500 TL with 3,7 % continuously compound interest after 3 years?
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