SOLUTION: Suppose that $4000 is invested at an interest rate of 5.5% per year, compounded continuously. What is the balance after 8 years?
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Question 326922
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Suppose that $4000 is invested at an interest rate of 5.5% per year, compounded continuously. What is the balance after 8 years?
Answer by
solver91311(24713)
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You can
put this solution on YOUR website!
I'll leave you alone to spend some quality time with your calculator.
John