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Mumz [18]
2 years ago
7

You deposit $2500 in an account earning 3% interest. Find the amount in 20 years if your money compounds (a) annually, (b) month

ly, and (c) continuously.
Mathematics
1 answer:
Bess [88]2 years ago
5 0
In this case
P= $2500 , r= 3% , t= 4

A= 2500 × e0.03×4

A= $2819
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