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Problem 3. Ernest deposits $7000 in an investment account with an APR of 5.5% compounded continuously. How much is in the account after 6 years? O 10339 O 9310

Problem 3. Ernest deposits $7000 in an investment account with an APR of 5.5% compounded continuously. How much is in the account after 6 years? O 10339 O 9310

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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O 80 O 43 Problem 3. Ernest deposits $7000 in an investment account with an APR of 5.5% compounded continuously. How much is in the account after 6 years? O 10339 O 9310 O 9737 O 9652 Problem 4.
Transcribed Image Text:O 80 O 43 Problem 3. Ernest deposits $7000 in an investment account with an APR of 5.5% compounded continuously. How much is in the account after 6 years? O 10339 O 9310 O 9737 O 9652 Problem 4.
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