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29 March, 09:54

Suppose that $7,000 is invested at an interest rate of 6%, compounded continuously. Find the amount in the account after five years if no withdrawals are made

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  1. 29 March, 11:00
    0
    9100

    Step-by-step explanation:

    I=Prt

    I=7,000 (.06) 5

    I=420 (5)

    I=2,100

    2,100+7,000=9,100
  2. 29 March, 13:22
    0
    9100 is the answer to this problem
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