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04-11-2016
Mathematics

contestada

What is the total amount for an investment of $100 invested at 3.5% for 8 years and compounded continuously?
a) $131.68
b) $135.44

Respuesta :

syed514 syed514

09-11-2016

A=Pe^rt P = 100
r = .035
t = 8
So we have A=100e^8×.035 A=100e^.28 A=132.31

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