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zhenek [66]
4 years ago
6

Find the final amount for a $300 investment at $5 interest compounded continuously for 4 years.​

Mathematics
1 answer:
pychu [463]4 years ago
4 0

Answer:

The final amount would be about $365

Step-by-step explanation:

The formula for that would be A = P(1+i)^n

A = 300(1.05)^4

A = 300(1.21550625)

A = 364.651875

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