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Algebra help? Dash invested 10,000 at 3% interest compounded continuously. How much will he have after 8 years? Show work

Algebra help? Dash invested 10,000 at 3% interest compounded continuously. How much will he have after 8 years? Show work
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1 vote
Algebra help?

Dash invested 10,000 at 3% interest compounded continuously. How much will he have after 8 years? Show work

User Sliter
by
7.4k points

1 Answer

1 vote
if its format I=prt
10,000 divided by .03 and 8
10,000 ÷ (.03×8)
and p is 41,666.6 if rounded 41,667
User Hutchonoid
by
7.7k points
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