Question:

If $92,650 is invested in an account earning 4 2/5% annual

Last updated: 8/6/2022

If $92,650 is invested in an account earning 4 2/5% annual

If $92,650 is invested in an account earning 4 2/5% annual interest compounded continuously, then how much interest is accrued in the first 4 years? Round to the nearest cent.