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Mathematics, 04.02.2021 01:00 leslylinares454
A person places $85800 in an investment account earning an annual rate of 8.5%,
compounded continuously. Using the formula V = Pe”t, where Vis 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 9 years.
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Answers: 3
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A person places $85800 in an investment account earning an annual rate of 8.5%,
compounded continuo...
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