Twenty years ago, Euler deposited $3000 into a college savings account which pays 4% interest, compounded continuously. What is the current value of the investment? Round to the nearest cent

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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k Heaven A X
Practice #1
le Heaven A
2754a6/student/643d4894f53b0f9f3b8c88e8#screenid=ec8ca7e5-57e... Q
is pronounced 'OY-Ler'
period
IS DESMOS X d [Parks Up X +
Twenty years ago, Euler deposited $3000 into a college
savings account which pays 4% interest, compounded
continuously.
What is the current value of the investment? Round to
the nearest cent
Submit
公司
< 31 of 32
Apr 17 9:52 €
Transcribed Image Text:k Heaven A X Practice #1 le Heaven A 2754a6/student/643d4894f53b0f9f3b8c88e8#screenid=ec8ca7e5-57e... Q is pronounced 'OY-Ler' period IS DESMOS X d [Parks Up X + Twenty years ago, Euler deposited $3000 into a college savings account which pays 4% interest, compounded continuously. What is the current value of the investment? Round to the nearest cent Submit 公司 < 31 of 32 Apr 17 9:52 €
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