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:
Answer:
$24,240
Step-by-step explanation:
20,000 + 1,060 (5-1)
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Answer:
3 1/3
Step-by-step explanation:
2 + (-2/3)² ÷ 1/3
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