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Mathematics, 26.01.2021 22:10 kimlyn58p0wyn0
A person places $3230 in an investment account earning an annual rate of 5.8%,
compounded continuously. Using the formula V = Pert, where V is the value of the
account in t years, P is the principal initially invested, e is the base of a natural
logarithm, and r is the rate of interest, determine the amount of money, to the
nearest cent, in the account after 16 years.
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Answers: 2
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A person places $3230 in an investment account earning an annual rate of 5.8%,
compounded continuou...
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