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At the end of each month, for 24 months, $200 is put into an account paying 7% annual interest compounded continuously. Find the future value
At the end of each month, for 24 months, $200 is put into an account paying 7% annual interest compounded continuously. Find the future value of this account. Round your answer to the nearest cent.
How much money must be invested now at 10% interest compounded continuously so that $120,000 will be available in 5 years? Round to the nearest cent.
Find the amount of money that accumulates when $470,000 is placed annually into a non-interest-earning account for 3 years.
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