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how much would 500 invested at 4% interest compounded continuously be worth after 7 years? round your answer to the nearest cent
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2 votes
how much would 500 invested at 4% interest compounded continuously be worth after 7 years? round your answer to the nearest cent

User Ikoverdyaev
by
8.8k points

1 Answer

5 votes

Answer: the answer is 661.55

Explanation:

interest formula: F = Pe^(rt)

User Sam Arul Raj T
by
8.1k points
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