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mr_godi [17]
4 years ago
9

How much would $500 invested at 5% interest compounded continuously be

Mathematics
1 answer:
vekshin14 years ago
5 0

Answer:

A = $746 (rounded up to nearest cent)

Step-by-step explanation:

A = Pe^{rt}

A = $500 × e^{0.05(8)} = $745.9123488  or $746 (rounded up to nearest cent)

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