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Marizza181 [45]

3 years ago

5

Jackson deposited $5,000 at 3.8% interest, compounded continuously, when he was 18 years old. How much will be in the account wh

en he is 40 years old if he made no other deposits or withdrawals?

1 answer:

Ivahew [28]3 years ago

6 0

5,000 × 3.8%= 19,000×18= 342,000 × 40 = 13,680,000

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