Mathematics, 09.02.2021 01:20 bommat5706
A person places $85800 in an investment account earning an annual rate of 8.5%,
compounded continuously. Using the formula V = Pert, where V is the value of the
account int 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.
Answers: 1
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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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