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Mathematics, 28.04.2021 23:30 ochoacesar2000
Peoples bank offers 6% compounded continuously on CDs. what amount invested now would grow to $300,000 in 20 years? Hint: Solve the continuous compounding formula for P. The present value of $300,000 at 6% compounded continuously for 20 years is approximately $ ___ ?
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Peoples bank offers 6% compounded continuously on CDs. what amount invested now would grow to $300,0...
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