SOLUTION: suppose you invest 2000 dollars at an annual interest rate of 5.1% continuously compounded. how much will you have after 3 years?
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Question 795294: suppose you invest 2000 dollars at an annual interest rate of 5.1% continuously compounded. how much will you have after 3 years?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
A=Pe^rt
A=2000(2.7183)^0.051*3
A=2000*1.165326
A=$2330.65
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