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    Calculating the future value in case of continuously compounding

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    What is the future value of investing $3,000 for 3/4 year at a continuously compounded rate of 12%?

    © BrainMass Inc. brainmass.com October 2, 2020, 5:44 am ad1c9bdddf

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    Principal Amount=P=$3000

    Rate of interest=12%

    Number of ...

    Solution Summary

    The solution depicts the steps to estimate the future value in the given case.