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Mathematics, 22.11.2019 02:31 mehnamejet92

Suppose $500 is invested in an account at an annual interest rate of r =5.5%, compounded continuously.

(a) let t denote the number of years after the initial investment and a(t) denote the amount of money in the account at time t. find a formula for a(t).
(b) find the amount of money in the account after 9 years and after 17 years. round your answer to the nearest cent (hundredths).

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