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Volgvan
3 years ago
15

$119,900 at 7.5% compounded continuously for 30 years

Mathematics
1 answer:
Pavlova-9 [17]3 years ago
3 0

Continuous Compounding Variables

FV=The future value of the principal after interest has been applied

PV=The present value of the principal before interest has been applied

R=The annual rate of interest charged

T=The number of years that the interest is charged to the principal

e=2.718281828

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