What is the compound interest if $490 is invested for 14 years at 6% compounded continuously? (Round your answer to the nearest cent.) $ +A

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 94E
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What is the compound interest if $490 is invested for 14 years at 6% compounded continuously? (Round your answer to the nearest cent.)
$
+A
Transcribed Image Text:What is the compound interest if $490 is invested for 14 years at 6% compounded continuously? (Round your answer to the nearest cent.) $ +A
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