Mathematics
Mathematics, 11.05.2021 01:00, GoAheadAndSmileToday

A person places $686 in an investment account earning an annual rate of 3.8%, 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 15 years.

answer
Answers: 2

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A person places $686 in an investment account earning an annual rate of 3.8%, compounded continuou...

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