Mathematics, 24.04.2021 06:40 chanelle16
Terri decides to invest in a certificate of deposit (CD) for $2500 at 7% interest compounded continuously. The value of the CD can be modeled by the
equation A = 2500e0.07 where t is the number of years after she invested. How much will the CD be worth when it matures in 2 years?
A. $2876
B. $10.138
C. $2681
D. Too much money
Answers: 1
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