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You deposit $4000 in an account earning 6% interest compounded continuously. How much money will you have in the account in 15 years?

You deposit $4000 in an account earning 6% interest compounded continuously. How much money will you have in the account in 15 years?
asked 23.1k views
2 votes
You deposit $4000 in an account earning 6% interest compounded continuously. How much money will you have in the account in 15 years?

asked
User Thinkdeep
by
8.6k points

1 Answer

5 votes

Answer:

9586.232772

$4000×1.06( to the power of 15)=9586.232772

answered
User Kinnectus
by
8.7k points
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