Mathematics
Mathematics, 16.02.2021 20:00, rrarick3407

A person places $81200 in an investment account earning an annual rate of 3.6%, compounded continuously. Using the formula V = Pet, where Vis 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 13 years.

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Answers: 3

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