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Mathematics 9 Online
taylorroop:

If $190 is invested at an interest rate of 11% per year and is compounded continuously, how much will the investment be worth in 4 years? Use the continuous compound interest formula: A = Pert.

ttompkins:

yup that is right

WilliamMiller08:

Yeah looks right to me.

Mercury:

A = Pe^(rt) A is the final amount, P is the principal (190), e is a constant, r is the interest rate (0.11), t is the number of years (4 years) plug in P, e, r, t, and solve

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