If an investment account starts with $3900, and grows with 2.1% interest, compounded continuously. How much is the account worth after 10 years? Round your answer to the nearest dollar. Do NOT round until you have calculated the final answer.

If they are asking amount it is $4800.893013; $4800 (nearest dollar)

If they are asking the amount for interest is $900.8930129; $900 (nearest dollar)

Step-by-step explanation:

Compound interest Formula:

Amount = principle( 1+ rate/100)^n

Information from the question.

-So how you put it is the principle is $3900; the rate is 2.1%; the n is 10.

How to apply it?

- Just substitute in the values;

Amount=3900(1+2.1/100)^10

=4800.893013

~4800 ( nearest dollar)

》That is for amount.

Interest=4800.893013-3900

=900.893013

~900 ( nearest dollar)

》That is for interest.

Hope it helps:))

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