SOLUTION: A CD paying 4% APR compounded continuously. Find future value of the CD if you invest $1320 for a term of 520 days.
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Question 1147707: A CD paying 4% APR compounded continuously. Find future value of the CD if you invest $1320 for a term of 520 days.
Answer by VFBundy(438) (Show Source): You can put this solution on YOUR website!
P = 1320
r = 0.04
t = 520/365 = 1.424658
x = $1397.41
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