on the day of a child's birth, a parent deposits $25,000 in a trust fund that pays 6% interest, compounded continuously. determine the balance in this account on the child's 29th birthday. (round your answer to two decimal places.)

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01-12-2022
Business

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on the day of a child's birth, a parent deposits $25,000 in a trust fund that pays 6% interest, compounded continuously. determine the balance in this account on the child's 29th birthday. (round your answer to two decimal places.)

Sagot :

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