Mr. Anderson put $1,000 into an account that draws 6.5% interest compounded continually. How much money will be in the account in 30 years if he makes no deposits or withdrawals? *

A $ 4,868.8
B $7,028.69
C $6,614.37
D $5,287.65

You'll need the formula:

Total = principal * e ^(rate * years)

where "e" is the transcendental number 2.718281828459

Total = $1,000.00* 2.718281828459 ^ (.065 * 30)

Total = $1,000.00* 2.718281828459 ^ 1.95

Total = $1.000.00 * 7.0286875806

Total = $7,028.69

Answer is B

Step-by-step explanation:

anser is a

step-by-step explanation:

negitive slope

its a trick question

step-by-step explanation:

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