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(calc exponential growth and decay calculus!) a principal amount of $5000 is deposited into an account paying interest at a rate of 6 percent continuously compounded. what will the account balance be after
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Jan 17, 2023
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(calc exponential growth and decay calculus!) a principal amount of $5000 is deposited into an account paying interest at a rate of 6 percent continuously compounded. what will the account balance be after 3 years
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SOLUTION
Given:
The formula is given as:
Final answer:
William Reed
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Jan 22, 2023
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William Reed
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