To save for a new car Trafton invested 7 000 in a savings

Last updated: 4/4/2024

To save for a new car Trafton invested 7 000 in a savings account that earns 2 5 interest compounded continuously After four years he wants to buy a used car for 8 000 How much money will he need to pay in addition to what is in his savings account Round your answer to the nearest cent Tutorial