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How much would 200 invested at 5% interest compound continously be worth after 9 years?
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How much would 200 invested at 5% interest compound continously be worth after 9 years?

User Aguid
by
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1 Answer

2 votes
Hi there
The formula is
A=pe^rt
A future value?
P present value 200
R interest rate 0.05
T time 9 years

A=200×e^(0.05×9)
A=313.66

Hope it helps
User Arief Hidayatulloh
by
7.6k points
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