Question:

FUTURE VALUE OF AN INVESTMENT. ?

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FUTURE VALUE OF AN INVESTMENT. Money is transferred into an account at the rate of

dollars per year for 5 years. If the account pays 4% interest compounded continuously, how much will accumulate in the account over a 5-year period?

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2 ANSWERS


  1. If you can add how much per year, I can help you with this.  How much is being contributed per year and at what intervals are continuously; daily, weekly, monthly, bi-monthly or yearly?


  2. Call your Bank and they can tell you exactly.

    Ingrid

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