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You place a sum of $400 in a savings account at 6% per annum compounded continuously. Assuming that you make no subsequent withdrawal or deposit,

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You place a sum of $400 in a savings account at 6% per annum compounded continuously. Assuming that you make no subsequent withdrawal or deposit, how much is in the account after 1 year? (Round your answer to two decimal places.) $ When will the balance reach $600? (Round your answer to two decimal places.) yr

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