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Suppose you invest $1050 at an annual interest rate of 5.5% compounded continuously. How much will you have in the account after 5 years? Round the solution to the nearest dollar.
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Suppose you invest $1050 at an annual interest rate of 5.5% compounded continuously. How much will you have in the account after 5 years? Round the solution to the nearest dollar.

User Rod Burns
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1 Answer

4 votes
$28,875 I think?
pretty sure that's rounded.

User Shaneen
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