SOLUTION: Financial Mathematics
A. An amount of 2340 pesos is deposited in a bank paying an annual interest rate of 3.1%, compounded continuously. Find the balance after 3 years.
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A. An amount of 2340 pesos is deposited in a bank paying an annual interest rate of 3.1%, compounded continuously. Find the balance after 3 years.
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Question 1139011: Financial Mathematics
A. An amount of 2340 pesos is deposited in a bank paying an annual interest rate of 3.1%, compounded continuously. Find the balance after 3 years. Answer by VFBundy(438) (Show Source):
