Mathematics, 01.11.2021 18:40 itzia00
Some banks now use continuous compounding of an amount invested. In this case, the equation that models the value of an initial investment of P dollars in t years at an annual interest rate of r is given by A = Pelt. Using this equation, find the value in 5 years of an investment of $2000 that earns 7% annual interest. (Round your answer to the nearest cent.)
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Some banks now use continuous compounding of an amount invested. In this case, the equation that mod...
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