Mathematics, 06.03.2021 01:00 dani6651
For the following amount at the given interest rate compounded continuously, find
(a) the future value after 5 years
(b) the effective rate,
and
(c) the time to reach $13,000.
$5400 at 3.2%
a. The future value after 5 years is approximately $(??)
(Do not round until the final answer. Then round to the nearest cent as needed.)
Answers: 3
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