Suppose that $12,000 is deposited each year, on a continuous basis, into a savings account that pays 3.25% per year, com

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Suppose that $12,000 is deposited each year, on a continuous basis, into a savings account that pays 3.25% per year, com

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Suppose That 12 000 Is Deposited Each Year On A Continuous Basis Into A Savings Account That Pays 3 25 Per Year Com 1
Suppose That 12 000 Is Deposited Each Year On A Continuous Basis Into A Savings Account That Pays 3 25 Per Year Com 1 (12.44 KiB) Viewed 24 times
Suppose that $12,000 is deposited each year, on a continuous basis, into a savings account that pays 3.25% per year, compounded continuously. How much money will have accumulated after 5 years?
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