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Mathematics, 03.03.2021 02:20 estella09
Recently, a certain bank offered a 5-year CD that earns 6.72% compounded continuously.
Use the given information to answer the questions.
(a) If $20,000 is invested in this CD, how much will it be worth in 5 years?
approximately $(Round to the nearest cent.)
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Recently, a certain bank offered a 5-year CD that earns 6.72% compounded continuously.
Use the give...
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