What is the amount of money in the account


Question:

If $2500 is invested in a long-term trust fund with an interest rate of 5% compounded continuously, what is the amount of money in the account after 25 years?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the amount of money in the account
Reference No:- TGS02040092

Now Priced at $20 (50% Discount)

Recommended (90%)

Rated (4.3/5)