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A student wants to save $8000 for college in 5 years. How much should be put into an account that pays 5.2% annual interest compounded continuously?
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Nov 20, 2017
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A student wants to save $8000 for college in 5 years. How much should be put into an account that pays 5.2% annual interest compounded continuously?
Mathematics
high-school
Travis Castillo
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If compounding annually, the student will need to put $6,208.85 into the account.
Smnirven
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Nov 26, 2017
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