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Calculate the future value at the end of the deposit period

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Question - Calculate the future value at the end of the deposit period?

Continuous compounding - For the case in the following table, find the future value at the end of the deposit period, assuming that interest is compounded continuously at the given nominal annual rate.

Amount of initial deposit $3,500

Nominal annual rate 11%

Deposit period (years) 13

Reference no: EM132631368

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