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Asked Dec 5, 2019
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How much money, invested at an interest rate of r % per year compounded continuously, will amount to A dollars after t years? (Round your answer to the nearest cent.)

A = 100,000,    r = 3.6,    t = 18
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Given that A=100,000, r=3.6, and t=18. Note that, the formula for compounded continuously is given by; A= Pe" Where, P= Present value r = rate of interest t= time in years A= Amount

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