Mathematics, 02.10.2019 08:00, Matildagann
If $22,000 is deposited in an account paying 3.85% interest compounded continuously, use the continuously compounded interest formula , a=pe^rt, to find the balance in the account after 11 years.
a. $1,519,356.93
b. $33,600.60
c. $33,416.25
d. $25,416.25
Answers: 2
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