Mathematics, 15.07.2020 23:01 dre2544
A person places $26300 in an investment account earning an annual rate of 3.8%, compounded continuously. Using the formula V=Pe∧{rt}, where V is the value of the account in t years, P is the principal initially invested, e is the base of a natural logarithm, and r is the rate of interest, determine the amount of money, to the nearest cent, in the account after 19 years.
Answers: 3
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A person places $26300 in an investment account earning an annual rate of 3.8%, compounded continuou...
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