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urena urena
  • 08-12-2016
  • Mathematics
Answered

How much money invested at 5% compounded continuously for 3 years will yield $820

Verified Answer :

miamosido123 miamosido123
  • 08-12-2016

I have that and it says GK equals 36 and GI equals 16

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Marykoss
Marykoss Marykoss
  • 08-12-2016

x(1.05)^2=820

x=820 divided by 1.05^2 or 820/1.0025

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