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Money is transferred continuously into an account at the constant rate of $80,000 per year. The account earns interest at the annual rate of
Money is transferred continuously into an account at the constant rate of $80,000 per year. The account earns interest at the annual rate of 4.5% compounded continuously. How much will be in the account at the end of 7 years? Round to the nearest dollar.
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Statistical Reasoning For Everyday Life
Authors: Jeff Bennett, William Briggs, Mario Triola
5th Edition
9780134494043
