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Ilia_Sergeevich [38]

3 years ago

10

Nelson invested $5,500 in a savings account. If the interest rate is 1.62%, how much will be in the account in 3 years by compou

nding continuously?
Round your answer to the nearest cent.
Do NOT round until you have calculated the final answer.

1 answer:

yulyashka [42]3 years ago

6 0

Answer:

89.1

Step-by-step explanation:

1.62% of 5,500 = 891/10 = 89.1

if im wrong them im sorry :<

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$\bf \begin{array}{lccclll}
&\stackrel{lbs}{amount}&\stackrel{unit}{cost}&\stackrel{total}{value}\\
&------&------&------\\
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$\bf \begin{cases}
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----------\\
25.3+4.5p=3.29\left( \boxed{11+p} \right)
\end{cases}
\\\\\\
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