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Mj forver
Mj forver asked in Science & MathematicsMathematics · 1 year ago

Help me solve!?

Suppose that $12,516 is invested at an interest rate of 5.8% per year, compounded continuously.

*I found part A. I need help solving the rest * Round two decimal places as needed.

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3 Answers

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  • ?
    Lv 7
    1 year ago
    Favorite Answer

    b/

    P(1) = 12516e^(0.058 * 1) = ...calculator

  • SumDude
    Lv 7
    1 year ago

    I suppose Google has no information that would help. P S Before or after taxes ??

  • hayharbr
    Lv 7
    1 year ago

    12516 • e^(0.058) = 13263.39

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