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Eugene invests $5,774 in a retirement account with a fixed annual interest rate of 6% compounded continuously. What will the account balance be after 14 years?
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Feb 27, 2021
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Eugene invests $5,774 in a retirement account with a
fixed annual interest rate of 6% compounded continuously. What will the account
balance be after 14 years?
Mathematics
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Mtay
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Answer:
$13,374.70
Explanation:
Continuously compounded interest
Ryan McCarron
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Mar 5, 2021
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Ryan McCarron
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