Mathematics, 04.06.2020 20:02 zoeyanai1
1) Emma's parents deposited $5,000 into a bank account during her freshman year. The account
pays 5% interest compounded continuously using the formula A = Pem, where A is the total
amount accrued, P is the principal, r is the annual interest rate, and t is time, in years.
Determine, to the nearest dollar, the amount in the account 4 years later. [Show all work.]
Answers: 2
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1) Emma's parents deposited $5,000 into a bank account during her freshman year. The account
pays 5...
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