Consider an investment where $47,000 is investedfor 15 years at 6% compounded continuously. How much will this

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Consider an investment where $47,000 is investedfor 15 years at 6% compounded continuously.

How much will this investment be worth after 15 years?(Round your answer to the nearest cent.)

What is the total amount earned in compound interest? (Roundyour answer to the nearest cent.)

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Personal Finance Turning Money into Wealth

ISBN: 978-0134730363

8th edition

Authors: Arthur J. Keown

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Posted Date: Nov 29, 2022 07:20 AM

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Consider an investment where $47,000 is investedfor 15 years at 6% compounded continuously. How much will this

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Personal Finance Turning Money into Wealth

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