Suppose that​ $2500 is deposited in a savings account paying​ 5% interest, compounded continuously. What will be the ave

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answerhappygod
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Suppose that​ $2500 is deposited in a savings account paying​ 5% interest, compounded continuously. What will be the ave

Post by answerhappygod »

Suppose that​ $2500 is deposited in a savings account
paying​ 5% interest, compounded continuously. What will be the
average value of the account during the next 10​ years?
A)2500(e^50-1)
B)50,000(e^0.5-1)
C)50,000(e^0.05-1)
D)250(e^5-1)
E)none of these
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