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OpenStudy (anonymous):
Suppose $500 is deposited into an account paying interest at a rate of 7%, continuously compounded. Find a formula for the value of the account at time t. What is the value of the account after 3 years?
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OpenStudy (anonymous):
7t(500)
OpenStudy (anonymous):
no . . .
OpenStudy (anonymous):
I don't know you still need this answer.\[500e ^{0.07\times 3} =616.839\] If I deserve medal then give me one.
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