The initial investment in a savings account in which interest is compounded continuously is $604. If the time required to double the amount is years, what is the amount after 15 years? Round your answer to the nearest cent.
A) $1,917.58
B) $1,804.46
C) $1,907.37
D) $1,404.46
E) $8,278.18

Question

The initial investment in a savings account in which interest is compounded continuously is $604. If the time required to double the amount is  years, what is the amount after 15 years? Round your answer to the nearest cent.
A) $1,917.58 
B) $1,804.46 
C) $1,907.37 
D) $1,404.46 
E) $8,278.18

Quizplus · Accepted Answer

The Answer of The initial investment in a savings account in which interest is compounded continuously is $604. If the time required to double the amount is  years, what is the amount after 15 years? Round your answer to the nearest cent.
A) $1,917.58 
B) $1,804.46 
C) $1,907.37 
D) $1,404.46 
E) $8,278.18

The Initial Investment in a Savings Account in Which Interest