An investment account was opened with an initial deposit of $9,600 and earns 7.4% interest, compounded continuously.

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An investment account was opened with an initial deposit of $9,600 and earns 7.4% interest, compounded continuously. How much will the account be worth after 15 years?

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Precalculus

ISBN: 9781938168345

1st Edition

Authors: Jay Abramson

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Question Posted: Jun 02, 2022 03:08 AM

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An investment account was opened with an initial deposit of $9,600 and earns 7.4% interest, compounded continuously.

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Solution From the question we have P as 9600 R as 0074 A...View the full answer

Precalculus

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