Emily opened a savings account and deposited 500.00. The account earns 13% interest, compounded continuously. If she wants to use the money to buy a new bicycle in 3 years, how much will she be able to spend on the bike?

解

解

Amount : 738.49

解答ステップ

Translate the problem into an equation:

A = 500 e^{0.13 \cdot 3}

500 e^{0.13 \cdot 3} = 738.49039 \dots

最も近い

h u n d re d t h

に四捨五入:

738.49

Amount : 738.49

Emily opened a savings account and deposited 500.00. The account earns 13% interest, compounded continuously. If she wants to use the money to buy a new bicycle in 3 years, how much will she be able to spend on the bike?

解

解

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