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3 years ago

9

Dylan invested $20,000 in an account paying an interest rate of 5.3% compounded continuously. Assuming no deposits or withdrawal

s are made, how much money, to the nearest cent, would be in the account after 5 years?

1 answer:

almond37 [142]3 years ago

7 0

Answer:

$24,240

Step-by-step explanation:

20,000 + 1,060 (5-1)

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