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Archy [21]
4 years ago
12

Find the amount in a continuously compounded account for the given conditions. principal: $250

Mathematics
1 answer:
mestny [16]4 years ago
6 0

Answer:

$291.91

Step-by-step explanation:

Put the given numbers into the formula and do the arithmetic.

... A = Pe^(rt)

... A = $250·e^(0.062·2.5) ≈ $291.91

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