Mathematics, 20.05.2021 07:40 darkremnant14
A person places $13900 in an investment account earning an annual rate of 2.8%,
compounded continuously. Using the formula V = Pet, 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 18 years.
Answers: 3
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A person places $13900 in an investment account earning an annual rate of 2.8%,
compounded continuo...
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