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2 years ago

13

if 3000$ is invested at a rate of 12% compounded continuously, find the balance in the account after 5 years. Use the formula A=

Pe^rt

1 answer:

Softa [21]2 years ago

8 0

Answer:

$5466.36

Step-by-step explanation:

This question is pretty cut and dry

just plug in the numbers

$3000e^{5*.12}\\3000e^{.6}\\5466.356401\\5466.36$

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