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$600 is deposited in an account thats pays 7% annual interest, compounded continuously. what is the balance after 5 years?​

$600 is deposited in an account thats pays 7% annual interest, compounded continuously. what is the balance after 5 years?​
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4 votes
$600 is deposited in an account thats pays 7% annual interest, compounded continuously. what is the balance after 5 years?​

asked
User Pragmanomos
by
8.4k points

1 Answer

3 votes

Answer r = 0.07 the rate as a decimal.

Explanation:

answered
User Yeahman
by
8.3k points
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