Find the accumulated amount after 3 years if $2500 is invested at 5%/year compounded continuously. (Round your answer to the nearest cent.)
Find the accumulated amount after 3 years if $2500 is invested at 5%/year compounded continuously. (Round your answer to the nearest cent.)
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...
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Find the accumulated amount after 3 years if $2500 is invested at 5%/year compounded continuously. (Round your answer to the nearest cent.)
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