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Dima020 [189]
3 years ago
15

A person places $81200 in an investment account earning an annual rate of 3.6%, compounded continuously. Using the formula V = P

ert, where V is the value of the account in t years, P is the principal initially invested, e is the base of a natural logarithm, and r is the rate of interest, determine the amount of money, to the nearest cent, in the account after 13 years.​
Mathematics
1 answer:
dolphi86 [110]3 years ago
4 0

Answer:

V=129659.9491≈129659.95

Step-by-step explanation:

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