Mathematics, 20.04.2021 08:40, likajamison7769
A person places $73700 in an investment account earning an annual rate of 5.5%, compounded continuously . Using the formula V = P * e ^ (rt) , 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 amount of money, to the nearest cent , in the account after 11 years .
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A person places $73700 in an investment account earning an annual rate of 5.5%, compounded continuou...
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