Ruby invested $6,200 in an account paying in interest rate of 4.3% compounded continuously. assuming no deposit or or withdrawls are made , how much money; to the nearest hundred dollars would be in the account after 12 years

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section: Chapter Questions
Problem 29RE: Alejandro deposits $80 of his monthly earnings into an annuity that earns 6.25% annual interest,...
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Ruby invested $6,200 in an account paying in interest rate of 4.3% compounded continuously. assuming no deposit or or withdrawls are made , how much money; to the nearest hundred dollars would be in the account after 12 years

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