The answer to the question
You have to spend less than $500 at the mall. Each pair of pants costs $25 and each shirt costs $10. Write an inequality to repr
2 answers:
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Answer:
$315.24
Step-by-step explanation:
Principal, P =$262
Rate, r= 3.7% =0.037
Time, t= 5 Years
The Value of the Investment which is compounded continuously is gotten using the formula:
The value of the investment after 5 years is $315.24 to the nearest cent.