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Suppose $3,000 is invested at 9% compounded continuously. (a) What will the accumulated amount be after 6 years? Exact accumulated amount (without using a calculator)
Suppose $3,000 is invested at 9% compounded continuously. (a) What will the accumulated amount be after 6 years? Exact accumulated amount (without using a calculator) = dollars Accumulated amount, rounded to 2 decimal places = |:| dollars (b) How much interest accrued during the 6 years? Interest, rounded to 2 decimal places = |:| dollars
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