if $3,500 is invested at an interest rate of 2.75% per year, compounded continuously, find the value of the investment at the end of the given number of years: 2 years 3 years 6 years

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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if $3,500 is invested at an interest rate of 2.75% per year, compounded continuously, find the value of the investment at the end of the given number of years:

2 years

3 years

6 years

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