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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Rijul asked Aug 26, 2023

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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?

Mathematics
high-school

Rijul asked Aug 26, 2023

by Rijul

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15 votes

Answer:

some people an fly high until good bye

Explanation:

Gustavo Carvalho answered Aug 27, 2023

by Gustavo Carvalho

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19 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

KritikaTalwar answered Aug 30, 2023

by KritikaTalwar

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