Mathematics, 01.04.2021 06:50 coreyslotte

A person places $60100 in an investment account earning an annual rate of 5.3%, compounded continuously. Using the formula
V = Pe^rt, where V is the value of the account in t years, P is the
principal initially invested, e is the base of a natural logarithm, and r is
the rate of interest, determine the amount of money, to the nearest
cent, in the account after 19 years.

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