Your bank account pays 5.2% interest annually, compounded continuously. You have $25,000 in the account today, and

Question:

Your bank account pays 5.2% interest annually, compounded continuously.

You have $25,000 in the account today, and you intend to withdraw this amount 3 years and 4 months from today. How much will you have in the account at that time?

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JAPHETH KOGEI

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