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PIT_PIT [208]
3 years ago
9

How much would $500 invested at 5% interest compounded continuously be worth after 4 years? Round your answer to the nearest cen

t
Mathematics
1 answer:
Irina-Kira [14]3 years ago
4 0

Answer:

$610.70

Step-by-step explanation:

a = pe^{rt}

a = 500 e^{.05 * 4}

a = $610.70

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