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Kisachek [45]
3 years ago
12

Aaliyah invested $550 in an account paying interest rate of 4% compounded constantly assuming no deposits or withdrawals are mad

e how much money to the nearest cent would be in the account after 20 years I NEED THE ANSWER ASAP PLEASE!!!!!
Mathematics
1 answer:
devlian [24]3 years ago
6 0

Answer:

1224.05

Step-by-step explanation:

formula:

PV(e^(it))

550*e^(.04*20)=1224.0475 which rounds to 1224.05

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8 0
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