Mathematics
Mathematics, 21.05.2021 07:00, pls391

Solve. 4. When interest is compounded continuously, the amount A in an
account after t years is found using the formula A = Pe", where P is the
amount of principal and r is the annual interest rate,
a. Use the formula to compute the balance of an investment that had a principal amount of $4500 and earned 5% interest for 6 years.

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Answers: 1

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Solve. 4. When interest is compounded continuously, the amount A in an
account after t years...

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