The equation for compound interest is A P ert where Pis the initial amount invested...
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Algebra
The equation for compound interest is A P ert where Pis the initial amount invested r is the interest rate as a decimal and t is the number of years Jason plans to invest 9 000 in an account at Union Bank The annual rate is 3 78 compounded continuously How much does Jason have at the end of 10 years 12 768 33 13 050 26 13 134 27 15 640 22
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