Mathematics, 05.01.2021 19:20 AM28

Scooter is saving money to build a race car while attending school. He receives a small investment of $500,000 from Junebug (Dale Earnhardt Jr) to finance this. Scooter puts this
away in an account while he finishes school. The account he chooses yields 9.95% annual
interest compounded continuously.
Approximately how much money will Scooter have in his account after 7 years?

Answers: 1

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Scooter is saving money to build a race car while attending school. He receives a small investment...