Jesaki Bank offers a 10-year CD that earns 2.3% compounded continuously. If $11,519 is is invested in this CD, how much will it be worth at maturity in 10 years? Round to the nearest cent. $

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Jesaki Bank offers a 10-year CD that earns 2.3% compounded continuously.
Transcribed Image Text:Jesaki Bank offers a 10-year CD that earns 2.3% compounded continuously.
If $11,519 is is invested in this CD, how much will it be worth at maturity in 10 years? Round
to the nearest cent.
$
Transcribed Image Text:If $11,519 is is invested in this CD, how much will it be worth at maturity in 10 years? Round to the nearest cent. $
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