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A Math 110 student decides to makeannualpayments of $500into a retirement account paying7% interest per year compounded continuously. If the student continues to make these
A Math 110 student decides to makeannualpayments of $500into a retirement account paying7% interest per year compounded continuously. If the student continues to make these payments for50years, compute each of the following values. Account balance after50years (exact value) = dollars
Account balance after50years (rounded to the nearest cent) = dollars Total of all deposits (exact value) = dollars Total of all interest payments (rounded to the nearest cent) = dollars
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