Ten thousand dollars is deposited in a money market fund paying 8% interest compounded continuously. How much

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Ten thousand dollars is deposited in a money market fund paying 8% interest compounded continuously. How much interest will be earned during the second year of the investment?

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Calculus And Its Applications

ISBN: 9780134437774

14th Edition

Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar

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