SOLUTION: what is the interest earned on $15,000 for four years at an interest rate of 3.5% compounded continuously?

SOLUTION: what is the interest earned on $15,000 for four years at an interest rate of 3.5% compounded continuously?

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Question 1027726: what is the interest earned on $15,000 for four years at an interest rate of 3.5% compounded continuously?
Answer by robertb(5830) (Show Source): You can put this solution on YOUR website!
, the future value of the principal $15,000.
==> Interest is $17,254.11 - $15,000 = $2,254.11.
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