Question:

Piper invested $4,700 in an account paying an interest rate

Last updated: 7/26/2022

Piper invested $4,700 in an account paying an interest rate

Piper invested $4,700 in an account paying an interest rate of 4.8% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be in the account after 19 years?