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Business, 14.07.2020 01:01 lelliott86

You decide to put $1,000 in a new bank account and don’t plan to withdraw the money for 10 years. If your bank does continuous compounding and the interest rate is 1%, what will be the value of this bank account in 10 years

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You decide to put $1,000 in a new bank account and don’t plan to withdraw the money for 10 years. If...
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