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Mathematics, 06.03.2021 01:00 dani6651

For the following amount at the given interest rate compounded continuously, find (a) the future value after 5 years
(b) the effective rate,
and
(c) the time to reach $13,000.

$5400 at 3.2%

a. The future value after 5 years is approximately $(??)

(Do not round until the final answer. Then round to the nearest cent as needed.)

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Answers: 3

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