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You deposit 5000 in an account earning 2% interest compounded continuously. How much will you have in the account in 5 years

You deposit 5000 in an account earning 2% interest compounded continuously. How much will you have in the account in 5 years
asked 215k views
3 votes
You deposit 5000 in an account earning 2% interest compounded continuously. How much will you have in the account in 5 years

asked
User Dmitry Risenberg
by
8.8k points

1 Answer

9 votes

Answer:

500$

Explanation:

answered
User Gravstar
by
7.9k points
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