SOLUTION: Rochelle deposits $5,000 in an IRA. What will be the value (in dollars) of her investment in 25 years if the investment is earning 7% per year and is compounded continuously? (Simp

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Question 1153712: Rochelle deposits $5,000 in an IRA. What will be the value (in dollars) of her investment in 25 years if the investment is earning 7% per year and is compounded continuously? (Simplify your answer completely. Round your answer to the nearest cent.)
Answer by ikleyn(52835)   (Show Source): You can put this solution on YOUR website!
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Future value =  =  = 28772.98 dollars.    ANSWER


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