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17 votes
17 votes
$8,000 is invested in an account earning 8.7% interest (APR), compounded continuously. Write a function showing the value of the account after tt years, where the annual growth rate can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage of growth per year (APY), to the nearest hundredth of a percent.

User Amukhachov
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1 Answer

25 votes
25 votes

i believe it would be 8k divided by 8.7 pie

User Collierre
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