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If $5,500 is invested at 9% annual interest, which is compounded continuously, what is the account balance after 10 years, assuming no additional deposits or withdrawals are mad…

If $5,500 is invested at 9% annual interest, which is compounded continuously, what is the account balance after 10 years, assuming no additional deposits or withdrawals are mad…
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4 votes
If $5,500 is invested at 9% annual interest, which is compounded continuously, what is the account balance after 10 years, assuming no additional deposits or withdrawals are made?

asked
User Krumelur
by
8.6k points

1 Answer

5 votes

Answer:

13527.82

Explanation:

answered
User DWR
by
7.0k points
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