Mathematics
Mathematics, 17.05.2021 21:50, es17118

Sean invests $10,000 at an annual rate of 5% compounded continuously, according to the formula A = Pe^rt, where A is the amount, P is the principal,
e=2.718, r is the rate of interest, and t is time in years.
Determine to the nearest dollar the amount of money Sean will have after 2
years.

answer
Answers: 3

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Sean invests $10,000 at an annual rate of 5% compounded continuously, according to the formula A =...

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