Find the Accumulated Amount After 6 Year(s) If $5,000 Is

question 43

Short Answer

Find the accumulated amount after 6 year(s) if $5,000 is invested at 8% compounded continuously. Round your answer to the nearest cent.
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$__________

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Definitions:

Wireless Devices

Electronic devices that communicate over airwaves without needing physical connections, utilizing technologies like Wi-Fi and Bluetooth.

Bluetooth

A wireless technology standard for exchanging data over short distances from fixed and mobile devices.

Wireless Speaker

An audio device that connects and transmits audio signals using radio frequency waves or Bluetooth technology instead of audio cables, offering portability and convenience.

Mobile Device

A Mobile Device is a portable computing device such as a smartphone or tablet, capable of connecting to the Internet and running applications.