Mathematics
Mathematics, 22.04.2021 20:10, mrfloyd1250

A person places $73700 in an investment account earning an annual rate of 5.5%, 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 ris the rate of interest, determine the amount of money, to the
nearest cent, in the account after 11 years.

Please help ASAP

answer
Answers: 2

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A person places $73700 in an investment account earning an annual rate of 5.5%, compounded continu...

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