Solved: Find the compound amount and the amount of interest earned by the following deposit. ​$5900 at 3.8​% compounded continuously for 7 years.

$5.00

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Find the compound amount and the amount of interest earned by the following deposit.
​$5900 at 3.8​% compounded continuously for 7 years.
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Part 1
The future value after 7 years is approximately ​$
enter your response here.
​(Do not round until the final answer. Then round to the nearest cent as​ needed.)

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