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OpenStudy (anonymous):
How much money invested at 5% compounded continuously for 3 years will yield $820?
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OpenStudy (2yoututu11):
$820=Pe^.15 $820=P*1.16 P=820/1.16=$706.90
OpenStudy (anonymous):
$708.34
OpenStudy (anonymous):
is this the correct answer?? Hope so!!
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