Mathematics, 09.04.2020 00:53, NeriyahY

Izaia Rodriguez
Plugging Into Exponential Formulas
Apr 08, 2:33:22 PM
A person places $419 in an investment account earning an annual rate of 9.2%,
compounded continuously. Using the formula V = Pert, where V is the value of the
account in t years, P is the principal initially invested, e is the base of a natural
logarithm, and r is the rate of interest, determine the amount of money, to the
nearest cent, in the account after 20 years.

Answers: 2

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Izaia Rodriguez
Plugging Into Exponential Formulas
Apr 08, 2:33:22 PM
A person pla...