Mathematics, 02.11.2021 04:30 YoungLarQ
Some banks now use continuous compounding of an amount invested. In this case, the equation that models the value of an initial investment of dollars int years at an annual interest rate of r is given by A = Pelt. Using this equation, find the value in 5 years of an investment of $2000 that earns 7% annual interest. (Round your answer to the nearest cent)
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Some banks now use continuous compounding of an amount invested. In this case, the equation that mod...
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