Compound continuously

Find the balance in the account after 10 years. P= $1900; r= 6%
Compound continuously.

Correct answer:

b =  3402.61 USD

Step-by-step explanation:

a=1900 USD t=10 r=100%+6%=1+1006=1.06  b=a rt=1900 1.0610=3402.61 USD



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