SOLUTION: $950 deposited at 6.1% per year compounded continuously for two years

SOLUTION: $950 deposited at 6.1% per year compounded continuously for two years

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Question 917545: $950 deposited at 6.1% per year compounded continuously for two years
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
FV=950*2.7183^(0.061*2)
FV=950*1.12998
FV=116.00
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