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16 September, 09:27

How much would $500 invested at 6% interest compounded continuously be worth after 5 years? Answer: A (4) = 500 (1+0.06/12) ^12 (4)

=500 (1.005) ^48

=635.24458054. = 635.24

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Answers (1)
  1. 16 September, 12:07
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    I'll go with A four to five hundred
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