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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?
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OpenStudy (anonymous):
continuous use \(A=Pe^{rt}\)
OpenStudy (anonymous):
\[A=535e^{.06\times 10}\] or \[535e^{0.6}\]
OpenStudy (anonymous):
no one compounds money continuously, nature compounds continuously
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