59.91
It is approx 8.66%
Matt will have $2,298.65.
There is no such thing as "compounded continuously". No matter how short it may be, the compounding interval is a definite amount of time and no less.
523.97
635.61
in 8 years it wll be 107.179
It is approx 8.66%
If 1500 dollars is invested at an interest rate of 3.5 percent per year compounded continuously, after 3 years it's worth $1666.07, after 6 years it's $1850.52, and after 18 years it's worth $2816.42.
Matt will have $2,298.65.
556.34
1136.23
There is no such thing as "compounded continuously". No matter how short it may be, the compounding interval is a definite amount of time and no less.
523.97
635.61
661.56
332.01
543.66