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ALGEBRA 2/TRIGONOMETRY - JMap

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29 The formula for continuously compounded interest is A = Pert, where A is the amount of money<br />

in the account, P is the initial investment, r is the interest rate, and t is the time in years.<br />

U sing the formula, determine, to the nearest dollar, the amount in the account after 8 years if<br />

$750 is invested at an annual rate of 3%.<br />

Algebra 2rrrigonometry - June '12 [13] [OVER]

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