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Suppose you invest 2000 dollars at an annual interest rate of 5.1% continuously compounded. how much will you have after 3 years round to the nearest dollar

Suppose you invest 2000 dollars at an annual interest rate of 5.1% continuously compounded. how much will you have after 3 years round to the nearest dollar
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4 votes
suppose you invest 2000 dollars at an annual interest rate of 5.1% continuously compounded. how much will you have after 3 years round to the nearest dollar

asked
User Adil Malik
by
8.2k points

1 Answer

7 votes
A=pe^rt
A=2,000×e^(0.051×3)
A=2,330.65
answered
User Yako
by
8.7k points
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