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Asked by Ken

if 8000 is invested in a long-term trust fund with an interest rate of 5% compounded continuously what is the amount of money in the account after 15 years?
6 years ago

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Answered by R_scott
amount = 8000 * e^(.05 * t)
6 years ago
Answered by Ken
Thanks
6 years ago
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if 8000 is invested in a long-term trust fund with an interest rate of 5% compounded continuously what is the amount of money in the account after 15 years?

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