If $1000 is invested for x years at 11%, compounded continuously, the future value that results is S = 1000e0.11x. What amount will result in 3 years? (Round your answer to the nearest cent.)

Which of the following best describes the purpose of raising and lowering the required reserve ratio? a. to make sure that government spending does not result in either a surplus or deficit. b. to stimulate economic growth by making it less expensive for producers to get loans. c. to manage the economy by increasing or decreasing the amount of loans being made. d. to regulate the activity of private banks to assure an equitable distribution of wealth. 2b2t

Amanda works as an industrial designer

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