Solve.
4. When interest is compounded continuously, the amount A in an
account after t years...
Mathematics, 18.05.2021 20:40 jada6292
Solve.
4. When interest is compounded continuously, the amount A in an
account after t years is found using the formula A= Pe^rt, 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.
Answers: 3
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