Mathematics
Mathematics, 05.04.2021 20:20, 19thomasar

A person places $4630 in an investment account earning an annual rate of 5.7%, compounded continuously. Using the formula V = Pert, 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 9 years.

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Answers: 3

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