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?
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?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F73c44450-4d7d-459d-8d03-fb3ab423db1d%2F130e9671-f877-4841-9945-163b97df0d81%2Fvjw8cs.png&w=3840&q=75)
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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