Question: Finoing the tinal amount in a word problem on continuous compound... Moneysaver's Bank offers a savings account that earns 5% interest per year, compounded continuously.
Finoing the tinal amount in a word problem on continuous compound... Moneysaver's Bank offers a savings account that earns 5% interest per year, compounded continuously. If Jim deposits $1200, how much will he have in the account after seven years, assuming he makes no withdrawals?
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