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You deposit $3000 in an account that pays 3.5% annual interest compounded continuously. What is the balance after 3 years?

You deposit $3000 in an account that pays 3.5% annual interest compounded continuously. What is the balance after 3 years?
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2 votes
You deposit $3000 in an account that pays 3.5% annual interest compounded continuously. What is the balance after 3 years?

asked
User Ben Companjen
by
8.9k points

1 Answer

1 vote

Answer:

Explanation:

3000*e^(.035*3)= 3332.131831

answered
User NealWalters
by
8.5k points
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