Find the accumulated amount after 2 years if $6500 is invested at 4%/year compounded continuously. (Round your answer to the nearest cent.) $

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section10.2: Evaluate And Graph Exponential Functions
Problem 10.32TI: Allan invested $10,000 in a mutual fund. If the interest rate is 5%, how much will be in the account...
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Find the accumulated amount after 2 years if $6500 is invested at 4%/year compounded continuously. (Round your answer to the nearest cent.)

 
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