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Sergio039 [100]

3 years ago

6

suppose you win a contest at the start of 9th grade that deposited $3000 in an account that pays 5% annual interest compound con

tinously. about how much will be in the account after you graduate from college in 8 years?

1 answer:

tiny-mole [99]3 years ago

5 0

A=pe^rt
A=3,000×e^(0.05×8)
A=4,475.47

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