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6) If $525 is invested at an annual rate of 5% compounded continuously, what is the amount in the account after 23 years? Plz help?

6) If $525 is invested at an annual rate of 5% compounded continuously, what is the amount in the account after 23 years? Plz help?
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6) If $525 is invested at an annual rate of 5% compounded continuously,

what is the amount in the account after 23 years?

Plz help?

User Dmitrii B
by
7.4k points

1 Answer

7 votes

Answer:

$1658.05

Explanation:

use formula given above

6) If $525 is invested at an annual rate of 5% compounded continuously, what is the-example-1
User Barwnikk
by
8.1k points
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