In the formula A(1) = Pe" for continuously compound inter- est, the letters P, r, and i stand for. and So if ,respectively, and A(1) stands for $100 is invested at an interest rate of 6% compounded continu- ously, then the amount after 2 years is ,

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Q: Find the compound amount if $12,104 is invested at 6.2% compounded continuously for period 3 years

A: The formula used: A=Pert

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