quinn481 quinn481

02-01-2023
Mathematics

Answered

Please help me with this kind of questions :(

Cho started a savings account with $2800. The account pays 0. 3% compounded continuously. Cho wanted to withdraw the money after 5 years, but her friend says she should wait until 10 years.

How much more money will be in the account if Cho waits 10 years instead of 5 years? Round to the nearest cent.

There will be $

more in the account after 10 years

Answer :

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