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Invest $8000 into an account earning 7% interest compounded continuously what will the balance be after 5 years
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Invest $8000 into an account earning 7% interest compounded continuously what will the balance be after 5 years

User Abizern
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1 Answer

13 votes
8,000 x ( 1 + .07) ^5 = $11,220.41
User SJP
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