SOLUTION: 7000 dollars is invested in a bank account at an interest rate of 6 percent per year, compounded continuously. Meanwhile, 12000 dollars is invested in a bank account at an interest
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-> SOLUTION: 7000 dollars is invested in a bank account at an interest rate of 6 percent per year, compounded continuously. Meanwhile, 12000 dollars is invested in a bank account at an interest
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Question 1178113: 7000 dollars is invested in a bank account at an interest rate of 6 percent per year, compounded continuously. Meanwhile, 12000 dollars is invested in a bank account at an interest rate of 4 percent compounded annually.
