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How much would $600 be worth after 10 years, if it were invested at 4% interest compounded continuously? (Use the formula below and round your answer to the nearest cent.) A(t) = P▪︎e^rt​
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How much would $600 be worth after 10 years, if it were invested at 4% interest compounded continuously? (Use the formula below and round your answer to the nearest cent.) A(t) = P▪︎e^rt​

User Anton Shevtsov
by
7.3k points

1 Answer

4 votes

Answer:

600
e^(10*.04)

$895.09

Explanation:

User Lance Nanek
by
7.2k points
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