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Suppose $19000 is invested in an account for 2 years. Find the balance in the account if interest is compounded continuously at 4%.

Suppose $19000 is invested in an account for 2 years. Find the balance in the account if interest is compounded continuously at 4%.
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Suppose $19000 is invested in an account for 2 years. Find the balance in the account if interest is compounded continuously at 4%.

asked
User Jan Pfeifer
by
8.1k points

1 Answer

4 votes

Answer:

1520

Explanation:

19,000 x 0.04 = 760

760 x 2= 1520

answered
User Bullfrog
by
8.4k points
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