In 1626, Peter Minuit convinced the
Wappinger Indians to sell him
Manhattan Island for $24. I...
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Mathematics, 05.02.2021 19:50 addisonrausch
In 1626, Peter Minuit convinced the
Wappinger Indians to sell him
Manhattan Island for $24. If the
Native Americans had put the $24 into
a bank account paying 3% interest,
how much would the investment have
been worth in the year 2005 if interest
were compounded continuously?
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