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Faith invested $3,100 in an account paying an interest rate of 4.1% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account
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Faith invested $3,100 in an account paying an interest rate of 4.1% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 15 years?

User Ahmed Sunny
by
5.1k points

1 Answer

7 votes

Answer:

39000

Explanation:

it will be 39000 after 15 years

User MatAff
by
5.2k points
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