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castortr0y [4]
2 years ago
15

Suppose you invest $1700 at an annual interest rate of 8.8% compounded continuously. How much will you have in the account after

7.5 years?
Mathematics
2 answers:
Fittoniya [83]2 years ago
8 0

Answer:

after 7.5 years you will have: 3200.11

The total compound interest is 1,447.56.

Step-by-step explanation:

\frac{8.8}{100} =  0.088\\1700(1+0.088)^{7.5} = 3200.11\\

shepuryov [24]2 years ago
4 0
After 7.5 years, you will have $3,200.12
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