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# An original investment of \$14,000 earns 7.50% interest compounded continuously. What will the investment be worth in 3 years? 30 years?

An original investment of \$14,000 earns 7.50% interest compounded continuously. What will the investment be worth in 3 years? 30 years? Please do not round until the final answer. Also, round to the nearest cent as needed...thx!

A=Pe rt Here P=14000 r=0..075 when t=3... View the full answer

For continuously compounded interest, 1) For t = 3 years A = P e rt A = 14000 e... View the full answer

• The first answer was incorrect.
• onowu
• Apr 02, 2018 at 11:29am
• rechecked. it is correct.
• Apr 02, 2018 at 11:45am

The investment will become... View the full answer

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