michaelhuguely michaelhuguely

12-10-2020
Mathematics

contestada

If $20,000 is invested in an account that compounds interest at 3.5% CONTINUOUSLY, how much money is in the account after 10 years?

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12-10-2020

Answer:

The final balance is $28,366.91.

So a gain of 8366.91

Step-by-step explanation:

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