13) Kayleigh invested $4000 in a fund that earns 11% annually and is compounded continuously. How much will her investment be worth if left untouched for 10 years?

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31-03-2018
Mathematics

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13) Kayleigh invested $4000 in a fund that earns 11% annually and is compounded continuously. How much will her investment be worth if left untouched for 10 years?

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Аноним Аноним · Answer 1 · 2018-03-31T10:27:46+02:00

Аноним Аноним

31-03-2018

Amount after 10 years = 400 (1 + 0.11)¹⁰ = $1135.77

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Answer: $1135.77
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