Mathematics
Mathematics, 26.03.2021 23:30, millie54

A person places $277 in an investment account earning an annual rate of 6.7%, compounded continuously. Using the formula V = Pem, 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 10 years.

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Answers: 1

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