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tiny-mole [99]
2 years ago
8

How much would $500 invested at 5% interest compounded continuously be worth after 8 years

Mathematics
1 answer:
SCORPION-xisa [38]2 years ago
8 0
A=Pe^rt
A: Total Amount
P:Principle ($500)
R: Rate 5% in decimal form
T: Time in years

A=500e^(.05*8)

A=745.912348821
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