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May 22, 2015

Homework Help: Calc.

Posted by Derek on Tuesday, July 15, 2008 at 12:12pm.

Using calculus: If you invest $5000 compounded continuously at 4% p.a. how much will this investment be worth in 5 years? I am not sure what e is. Should my equation be this: A(t)=Pe^rt
A(t)=(5000e^(0.04)(5))
Thanks.

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