Mathematics, 27.05.2021 01:30 mstahuggoo6102

PLEASE HELPP!! An initial amount of money is placed in an account at an interest rate of 5% per year, compounded continuously. After five years, there is $3287.11 in the
account. Find the initial amount placed in the account. Round your answer to the nearest cent.

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PLEASE HELPP!! An initial amount of money is placed in an account at an interest rate of 5% per year, compounded continuously. After five years, there is $3287.11 in the account. Find the initial amount placed in the account. Round your answer to the nearest cent.

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Another question on Mathematics

PLEASE HELPP!! An initial amount of money is placed in an account at an interest rate of 5% per year, compounded continuously. After five years, there is $3287.11 in the
account. Find the initial amount placed in the account. Round your answer to the nearest cent.