• Jan 7th 2009, 05:01 PM
racerfreak05
Suppose you invest $1600 at an annual intrest rate of 4.6% compounded continuously.How much will you have in the account after 4 years? • Jan 7th 2009, 05:10 PM TheMasterMind Quote: Originally Posted by racerfreak05 Suppose you invest$1600 at an annual intrest rate of 4.6% compounded continuously.How much will you have in the account after 4 years?
$A=P(1+\frac{r}{k})^{kt}$