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OpenStudy (anonymous):
You invest $3,000 in an account that has an annual interest rate of 2.5%, compounded continuously. How much money will be in the account after 5 years? Round your answer to the nearest whole number.
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OpenStudy (anonymous):
I think the equation you are looking for is: A=Pe^rt If so, when you plug in the numbers it would be: A = 3,000e^0.025(5)
OpenStudy (anonymous):
I got $3,399
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