parkerseaside parkerseaside

11-05-2020
Mathematics

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You deposit $5000 in the bank. Find the amount you have after 10 years at 3% interest compounded continuously

Respuesta :

wer2004 wer2004

11-05-2020

Try using the equation
Where n=the number of years
So it would be
$5000 x (100 + or - 3 / 100)^10

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