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If $535 is invested at an interest rate of 7% per year and is compounded continuously how much for the investment be worth in 15 years?
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If $535 is invested at an interest rate of 7% per year and is compounded continuously how much for the investment be worth in 15 years?

User Jerclarke
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2 Answers

1 vote

Answer:

some people an fly high until good bye

Explanation:

User Pharsicle
by
5.6k points
9 votes

Answer:

The final balance would be $1,528.84

Explanation:

The final balance would be $1,528.84 and the total compound interest would be $993.84

User David Alber
by
6.6k points
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