Mathematics, 22.04.2021 20:10 mrfloyd1250
A person places $73700 in an investment account earning an annual rate of 5.5%,
compounded continuously. Using the formula V = Pert, where Vis the value of the
account in t years, P is the principal initially invested, e is the base of a natural
logarithm, and ris the rate of interest, determine the amount of money, to the
nearest cent, in the account after 11 years.
Please help ASAP
Answers: 2
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A person places $73700 in an investment account earning an annual rate of 5.5%,
compounded continu...
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