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Mathematics, 02.07.2021 02:20 derrishamckenzie22

O EXPONENTAL AND LOGARITHMIC FUNCTIONS Finding the initial or final amount in a word problem on...
An initial amount of money is placed in an account at an interest rate of 2% per year, compounded continuously. After two years, there is $1269.79 in the
account. Find the initial amount placed in the account. Round your answer to the nearest cent.

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