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Determine the amount of money you would have if you invested $15,000 dollars for 11 years at 3% annual interest compounded continuously.

Respuesta :

kabwechongo1

Answer:

$4950

Step by step explaination:

Step1:Use the formula S.I=PxRxT/100

Step2: Substitute in the formula above the values given

S.I=PxRxT/100

S.I=15000x3x11/100

S.I=$4950 as the final answer.

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