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20 August, 05:43

Using your calculator, find the money accumulated if i invested $65,000 at 7.3% interest for 10 years compounded continuously.

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  1. 20 August, 09:30
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    This is for one year with annual compound

    A = 65000 (1 +.073/1) ^1

    A = 69745 total

    thus, the money made is $4745 interes
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