Guided Practice Suppose you invest $500 at an annual interest rate of 4.1% compounded continuously. How much will you have in the account after 10 years? Substitute the values into the continuously compounded

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asked Jul 13, 2022 116k views

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Guided Practice

Suppose you invest $500 at an annual interest rate of 4.1% compounded continuously. How much will you have in the account after 10 years?

Substitute the values into the continuously compounded interest formula, A = Pert.

Type your answer and then click Done.

How much will you have in the account after 10 years? Round the solution to the nearest dollar.

$ Fill in the blank text field 1