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Paladinen [302]
3 years ago
7

how much would $600 be worth after 10 years, if it were invested at 4% interest compound continuously?

Mathematics
1 answer:
hichkok12 [17]3 years ago
4 0
Use the compound-cont formula A = Pe^(rt):

A = $600*e^(0.04*10) = $600*e^0.4 = $624.49 (ans)
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