Find the amount that results from the given investment. $10 invested at 7% compounded continuously after a period of 2 years After 2 years, the investment results in $ (Round to the nearest cent as needed.)

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
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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Math 1043 College Algebra FA2021 (JPost)
Homework: Homework 6.7
Find the amount that results from the given investment.
$10 invested at 7% compounded continuously after a period of 2 years
After 2 years, the investment results in $
(Round to the nearest cent as needed.)
Transcribed Image Text:mathxl.com/Student/PlayerHomework.aspx?homeworkld%3D615251 Math 1043 College Algebra FA2021 (JPost) Homework: Homework 6.7 Find the amount that results from the given investment. $10 invested at 7% compounded continuously after a period of 2 years After 2 years, the investment results in $ (Round to the nearest cent as needed.)
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