2 years ago

A person places $736 in an investment account earning an annual rate of 1.3%,

Mathematics

1 answer:

algol132 years ago

4 0

Answer:

$755.39

Step-by-step explanation:

Put the numbers in the formula and do the arithmetic.

V = P·e^(rt)

V = $736·e^(0.013·2) ≈ $755.39

The amount in the account after 2 years is $755.39.

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