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Question: 9. +-1 points My Notes Ask Your Teacher 15 years ago, a company started depositing money into an …

by | Nov 28, 2023 | questions



Question: 9. +-1 points My Notes Ask Your Teacher 15 years ago, a company started depositing money into an ...

Show transcribed image text 9. +-1 points My Notes Ask Your Teacher 15 years ago, a company started depositing money into an investment account earning interest at an annual rate of 6.65% compounded continuously Assume R(t) thousand dollars per year is paid into the investment account in a continuous stream. Assuming no additional deposits or withdrawals, how much money is in the account today? (Give your answer correct to 3 decimal places.) R(t) = 274 (1.054.) thousand dollars

9. +-1 points My Notes Ask Your Teacher 15 years ago, a company started depositing money into an investment account earning interest at an annual rate of 6.65% compounded continuously Assume R(t) thousand dollars per year is paid into the investment account in a continuous stream. Assuming no additional deposits or withdrawals, how much money is in the account today? (Give your answer correct to 3 decimal places.) R(t) = 274 (1.054.) thousand dollars

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