Mathematics, 30.04.2021 01:00, myaaa13754

A person places $3090 in an investment account earning an annual rate of 3%, compounded continuously. Using the formula V = Pe", where Vis the value of the
account int 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 11 years.

Answers: 2

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A person places $3090 in an investment account earning an annual rate of 3%, compounded continuous...