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July 4, 2015

Homework Help: algebra

Posted by George on Thursday, April 12, 2007 at 6:14pm.

A continuously compounded account starts with $1500 in principal. The annual interest rate is 9.1%. What is the balance after 30 years?

Help please. Thanks

amount= 1500*e^.091*30= 1500 e^2.73

thanks

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