lilovero6madward lilovero6madward

23-09-2016
Mathematics

contestada

using your calculator, find the money accumulated if i invested $65,000 at 7.3% interest for 10 years compounded continuously.

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diamonds35 diamonds35

23-09-2016

this is for one year with annual compound

A = 65000(1 + .073/1)^1
A = 69745 total

thus, the money made is $4745 interes

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