taeboog2 taeboog2

25-03-2020
Mathematics

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$600 is deposited in an account that pays 7% annual interest, compounded continuously. What is the balance after 5 years? Please help me!!!

600 is deposited in an account that pays 7 annual interest compounded continuously What is the balance after 5 years Please help me class=

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hassanbello2001 hassanbello2001

25-03-2020

Answer:

810

Step-by-step explanation:

600 x7x 5/100 = 210

balance after 5yrs is 210 + 600=810

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