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3 years ago

6

suppose you invest $700 in a savings account that pays 4.2% annual interest compounded continuously. how much money will be in t

he account after 5 years?

1 answer:

Elina [12.6K]3 years ago

7 0

Answer:

847

Step-by-step explanation:

700 ÷100 = 7

7× 4.2 = 29.4

29.4×5 =147

500+147

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