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CONTINUOUSLY COMPOUNDED INTEREST FORMULA amount at the end Principal (amount at start) annual interest rate (as a decimal) time (in years)

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Suppose $5000 is put into an account that pays 4% compounded continuously. How much will be in the account after 3 years? Example 1

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If interest is compounded continuously at 4.5% for 7 years, how much will a $2000 investment be worth at the end of 7 years? Example 2

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How long will it take $3000 to double if it is invested in an account that pays 3% compounded continuously? Example 3

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If $8000 is invested in an account that pays 4% interest compounded continuously, how much is in the account at the end of 10 years? Example 4

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How long will it take $4000 to triple if it is invested at 5% compounded continuously? Example 5

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Compound Interest Formula. Compound interest arises when interest is added to the principal, so that, from that moment on, the interest that has been.

Compound Interest Formula. Compound interest arises when interest is added to the principal, so that, from that moment on, the interest that has been.

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