SOLUTION: You deposit $4000 in an account earning 8% interest compounded continuously. How much money will you have in the account in 10 years?
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Question 1153465: You deposit $4000 in an account earning 8% interest compounded continuously. How much money will you have in the account in 10 years?
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If the interest is compounded continuously for years at a rate of per year, then the compounded amount is given by:
given:
$ % = years
