SOLUTION: Second National Bank offers an account that earns 3.91% per year, compounded continuously. If a person invests $14,000 in this account, what will be the value of the account at the

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Second National Bank offers an account that earns 3.91% per year, compounded continuously. If a person invests $14,000 in this account, what will be the value of the account at the      Log On

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Question 945257: Second National Bank offers an account that earns 3.91% per year, compounded continuously. If a person invests $14,000 in this account, what will be the value of the account at the end of 12 years?
Answer by Fombitz(32388) About Me  (Show Source):