You are investing $6000thatwillearn 5.0%interestcompounded continuously.How much is your investment worth in 5 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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You are investing $6000thatwillearn 5.0%interestcompounded continuously.How much is your investment worth in 5 years?

3. You are investing $6000 that will eam
5.0% interest compounded continuously.
How much is your investment worth in 5
years?
Transcribed Image Text:3. You are investing $6000 that will eam 5.0% interest compounded continuously. How much is your investment worth in 5 years?
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