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25 May, 22:39

If $396 I'd invested at an interest rate of 13% per year and is compounded continuously, how much will the investment be worth in 3 years.

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Answers (2)
  1. 25 May, 23:02
    0
    1042.44 but I might be wrong
  2. 25 May, 23:06
    0
    You have to use the continuous compounding formula with the constant "e" on a calculator.

    396e^ (0.13 x 3)
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