Given an interest rate of 3.0% compounded continuously and starting principal of $15000, determine the accumulated amount after 4 years. Round your answer to the nearest dollar. Accumulated Amount = $ Check
Given an interest rate of 3.0% compounded continuously and starting principal of $15000, determine the accumulated amount after 4 years. Round your answer to the nearest dollar. Accumulated Amount = $ Check
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 26E
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