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Find the amount in a continuously compounded account for the given conditions. Principle: $5000 Annual Interest Rate: 6.9% Time: 30 years Round to the nearest cent and do not in…

Find the amount in a continuously compounded account for the given conditions. Principle: $5000 Annual Interest Rate: 6.9% Time: 30 years Round to the nearest cent and do not in…
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Find the amount in a continuously compounded account for the given conditions.

Principle: $5000
Annual Interest Rate: 6.9%
Time: 30 years

Round to the nearest cent and do not include the $ symbol.

User Avinash Kumar Singh
by
8.5k points

2 Answers

4 votes

Answer:

no round to the nearest cant and do no

User Akshay Agarwal
by
7.8k points
4 votes

Answer:

A= 5000 e

A= 39,624.12

Explanation:

User Daniel Cooke
by
8.1k points
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