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4 years ago

15

Dalia deposits $1,200 in an account that earns 5% interest per year compounded continuously. How much will the account be worth

in 3 years?

1 answer:

ANTONII [103]4 years ago

8 0

$1,380.

5% of 1,200 is 60. After we years, you would get 180 in interest. Add that to the 1,200 and you get 1,380.

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