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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 (valpey):
Compounded continuously is using the form\[A_t=A_0e^{rt}\]Asset value at time t is equal to asset value at time zero times the exponentiation of the product of the interest rate times time.
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