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stellarik [79]
2 years ago
15

Emma receives $7750 and invests it in an account that earns 4% interest copounded continuously, What is the total amount of her

investment after 5 years?
Mathematics
1 answer:
QveST [7]2 years ago
8 0
So your present value is 7750. this is what you have now. they give you the intesrest rate which is 4% and how the amount of year is 5.

recall the formula for a compounded continously is
P×e^(r×t)

the answer is 7750×e^(.04×5)
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