Recently, a certain bank offered a 10-year CD that earns 2.52% compounded continuously. Use the given information to answer the

Question

Recently, a certain bank offered a 10-year CD that earns 2.52% compounded continuously.
Use the given information to answer the questions.

(a) If $20,000 is invested in this CD, how much will it be worth in 10 years?
approximately $ (Round to the nearest cent.)

Kunduz · Accepted Answer

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