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Mathematics 21 Online
OpenStudy (anonymous):

If $535 is invested at an interest rate of 6% per year and is compounded continuously, how much will the investment be worth in 10 years?

OpenStudy (alexwee123):

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OpenStudy (anonymous):

F = Pe^rt = 535e^(0.06*18) = $1575.40 Hope this helps :)

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