Find the value of an investment of $15,000 for 13 years at an annual interest rate of 4.55% compounded continuously. The value of the investment is $ 27100.45. (Do not round until the final answer. Then round to the nearest cent as needed.)
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71828) - $r$ is the annual interest rate (as a decimal) - $t$ is the number of years In this case, we have: - $P = 15000$ - $r = 0.0455$ Show more…
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