How much is the account worth, Other Management

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How much is the account worth

Problem: Mr. Smith deposits $6,000 into a mutual fund every year for 30 years a) The fund earns 6% per year compounded yearly. How much is the account worth after 30 years? b) How much would the account be worth after 30 years if his money had earned 6% per year compounded continuously?

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Other Management: How much is the account worth

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Other Management: How much is the account worth

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