Neda made a one-time deposit of $25,000.00 into a savings account that pays 4% annual interest...

 

Transcribed Image Text:

Neda made a one-time deposit of $25,000.00 into a savings account that pays 4% annual interest compounded continuously. How much will the account be worth 3. years from when Neda made the deposit? Use the equation A = Pet to answer the question. Assume no additional deposits or withdrawals have occurred. Also assume the interest rate does not change while the account is open. Round your answer to the nearest cent. Neda made a one-time deposit of $25,000.00 into a savings account that pays 4% annual interest compounded continuously. How much will the account be worth 3. years from when Neda made the deposit? Use the equation A = Pet to answer the question. Assume no additional deposits or withdrawals have occurred. Also assume the interest rate does not change while the account is open. Round your answer to the nearest cent.