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ludmilkaskok [199]
3 years ago
12

Find the amount of money accumulated after investing a principle P for years t at interest rate r, compounded continuously. P =

$3,200 r = 8% t = 4
Mathematics
1 answer:
Nitella [24]3 years ago
4 0

Answer:

The accumulated amount would be $4,353.56

Step-by-step explanation:

r= 0.08

A= 3, 200(1+0.08)^4

= 3,200(1.08)^4

= $4,353.56

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