Suppose that in 1629, a man bought a diamond for $34. Suppose that the man had instead put the $34 in the bank at 3% interest compounded continuously. What would that $34 have been worth in 2004? In 2004, the $34 would have been worth $ (Do not round until the final answer. Then round to the nearest dollar as needed.)

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter5: Factoring Polynomials
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Suppose that in 1629, a man bought a diamond for $34. Suppose that the man had instead put the $34 in the bank at 3% interest
compounded continuously. What would that $34 have been worth in 2004?
In 2004, the $34 would have been worth $.
(Do not round until the final answer. Then round to the nearest dollar as needed.)
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Transcribed Image Text:Suppose that in 1629, a man bought a diamond for $34. Suppose that the man had instead put the $34 in the bank at 3% interest compounded continuously. What would that $34 have been worth in 2004? In 2004, the $34 would have been worth $. (Do not round until the final answer. Then round to the nearest dollar as needed.) Help me solve this View an example Get more help - Clear all Check answer Start e Type here to search esc 4+ %23 %24
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