15 questions
Ashleigh put some money into an account paying 4.5% compounded continuously for 10 years. She now has $3567.91 in the account. How much money did she start the account with?
$2275
$2725
$2572
$3275
Dash puts $4125 into an account using compounded continuously. If he keeps the money in the account for 5 years and now has a total of $4193.89. What is the interest rate?
0.033%
0.025%
0.053%
0.052%
Chelsea put $7500 into an account paying 5% compounded continuously. She now has $10,643.01. How long has the money been in the account?
7 years
6 years
5 years
4 years
Damara invests $3500 at 2% compounded continuously for 5 years. How much will she have in her account after 5 years?
$3868.10
$3886.10
$3688.10
$3286.10
How long will it take $3000 to double if it is invested in an account that pays 3% compounded continuously?
23.1 years
22.1 years
21.1 years
20.1 years
Abhasra invests $8,911 in a retirement account with a fixed annual interest rate of 7.71% compounded continuously. What will the account balance be after 20 years?
$41,649.38
$51,649.38
$61,649.38
$71,649.38