In going through some old belongings of his ancestors, Mr. Rakib found papers indicating that they sold several acres in the town of Chittagong in 1720 for $ 22. If they had invested this money at 4.5 percent compounded continuously, how much would it amount to in the year 1995?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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In going through some old belongings of his ancestors, Mr. Rakib found papers indicating that they sold several acres in the town of Chittagong in 1720 for $ 22. If they had invested this money at 4.5 percent compounded
continuously, how much would it amount to in the year 1995?

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