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2 years ago

6

Samuel invested $53,000 in an account paying an interest rate of 6.7% compounded continuously. Assuming no deposits or withdrawa

ls are made, how much money, to the nearest cent, would be in the account after 17 years?

1 answer:

Natalija [7]2 years ago

4 0

Answer:

60367

Step-by-step explanation:

I = p x r x t

I = 53000 x 6.7/100 x 17

I = 60,367

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