$2,000 is invested at a 6% annual rate, compounded continuously. How much is in the account at the end of 2 years?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 25P
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$2,000 is invested at a 6% annual rate, compounded continuously. How much is in the account at the end of 2 years?

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