Totsakan invests $8,151 in a savings account with a fixed annual interest rate of 6.47% compounded continuously. What will the account balance be after 9 years?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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Totsakan invests $8,151 in a savings
account with a fixed annual interest rate of
6.47% compounded continuously. What
will the account balance be after 9 years?
Transcribed Image Text:Totsakan invests $8,151 in a savings account with a fixed annual interest rate of 6.47% compounded continuously. What will the account balance be after 9 years?
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