A deposit of $5000 at 5% interest compounded continuously will grow to V ( t ) =
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Question:
A deposit of $5000 at 5% interest compounded continuously will grow to V(t) = 5000e0.05t dollars after t years. Find the average value during the first 40 years (that is, from time 0 to time 40). (Round your answer to the nearest cent.)
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