anonymous
  • anonymous
suppose you invest $2500 at an annual interest rate of 3% compunded continuously. how much will you have after 7 years? round to nearest $
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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schrodinger
  • schrodinger
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anonymous
  • anonymous
\[A(t) = Pe^{rt}\] P = $2500 r = .03 t = 7 \[A(t) = $2500*e^{.21} = $3084\]
anonymous
  • anonymous
\[2500e^{0.03*7}\]
anonymous
  • anonymous
=$30.842

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anonymous
  • anonymous
sorry; $ 3084 not $30.842

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