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ANEK [815]
3 years ago
12

You invest $3,200 in an account that pays an interest rate of 7.25%, compounded continuously. Calculate the balance of your acco

unt after 12 years. Round your answer to the nearest hundredth.
Mathematics
1 answer:
a_sh-v [17]3 years ago
6 0
I=prt
i=(3200)(7.25)(12)
i=278400
p+i=$281600
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