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If you put $1,500 in a savings account that pays 4% interest compounded continuously, how much money will you have in your account in 5 years? Assume you make no additional deposits or withdrawals.

Respuesta :

Aliwohaish12
A=pe^rt
A=1,500×e^(0.04×5)
A=1,832.10
dakota236
assuming its monthly interest then you will have 3600 dollars over the course of five years

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