Mar 16, 9:56:57 AM Watch help video Jocelyn invested $3,700 in an account paying an interest rate of 1.5% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 6 years?

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 93E
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Compounding - Solve for Future Valve
Mar 16, 9:56:57 AM
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Jocelyn invested $3,700 in an account paying an interest rate of 1.5% compounded
continuously. Assuming no deposits or withdrawals are made, how much money, to
the nearest dollar, would be in the account after 6 years?
Transcribed Image Text:Compounding - Solve for Future Valve Mar 16, 9:56:57 AM Watch help video Jocelyn invested $3,700 in an account paying an interest rate of 1.5% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 6 years?
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