Mathematics
Mathematics, 18.03.2021 02:20, jordanmjdmary8898

A person places $13900 in an investment account earning an annual rate of 2.8%, compounded continuously. Using the formula V = Pett, where Vis the value of the
account in t years, Pis 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 18 years.

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Answers: 2

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