Suppose you make monthly deposits of P dollars in a savings account at an annual interest rate r, compounded continuously. Find the balance A after t years given that
where
and
years. Round your answer to two decimal places.
A. $926.89
B. $111,227.46
C. $79,583.24
D. $103,553.26
E. $55,613.23
Answer: E
Mathematics
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.
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?
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