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Reil [10]
3 years ago
14

How much wood $700 be worth after eight years if they were invested at 5% interest compounded Continuously

Mathematics
1 answer:
Zolol [24]3 years ago
7 0
Hi there

The formula is
A=pe^rt
A future value?
P present value 700
R interest rate 0.05
T time 8 years

A=700×e^(0.05×8)
A=1,044.28

Hope it helps
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