Question: For the case in the followingtable, find the future value at the end of the depositperiod, assuming that interest is compounded continuously at the given
For the case in the followingtable, find the future value at the end of the depositperiod, assuming that interest is compounded continuously at the given nominal annual rate.
Amount of
initial deposit =3000
Nominal annual
rate, r =9%
Deposit period
(years), n =13
The future value at the end of the deposit period is $?
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