Find the amount in the account for the given principal, interest rate, time, and compounding period, P= $1,300, r= 2.8%, t= 7 years, and is compounded continuously

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 56SE: The annual percentage yield (APY) of an investmentaccount is a representation ofthe actual interest...
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Find the amount in the account for the given principal, interest rate, time, and compounding period, P= $1,300, r= 2.8%, t= 7 years, and is compounded continuously
G 3000 divided b x
G how m
2) General (Ce x
M Mathway Alg X S Sawas Realize x
vasrealize.com/community/classes/563d20c74b934625bb83249538be8129/assignments/81ae 19
: MathXL for School: Practice and Problem, Solving
6.2.20
Find the amount in the account for the given principal, interest rate, time, and compounding period.
P= $1,300, r 2.8%, t = 7 years; compounded continuously
A= $
(Type an integer or decimal rounded to the nearest cent as needed.)
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Transcribed Image Text:G 3000 divided b x G how m 2) General (Ce x M Mathway Alg X S Sawas Realize x vasrealize.com/community/classes/563d20c74b934625bb83249538be8129/assignments/81ae 19 : MathXL for School: Practice and Problem, Solving 6.2.20 Find the amount in the account for the given principal, interest rate, time, and compounding period. P= $1,300, r 2.8%, t = 7 years; compounded continuously A= $ (Type an integer or decimal rounded to the nearest cent as needed.) Enter your answer in the answer box and then click Check Answer All parts showing Clear All Review progress Questic to search
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