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Jackson invested $52,000 in an account paying an interest rate of 2. 1% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest dol…

Jackson invested $52,000 in an account paying an interest rate of 2. 1% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest dol…
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Jackson invested $52,000 in an account paying an interest rate of 2. 1% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 17 years?

asked
User Tophat Gordon
by
8.7k points

1 Answer

6 votes

Answer:

3.1%

Step-by-step explanation:

after 17 years

answered
User XCarb
by
8.1k points
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