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Example of continuous compounding interest calculation using the formula A = Pe^(rt), determining balance growth over time.

Handwritten math problem showing continuous compounding interest formula A = Pe^(rt), with example calculations for an initial investment of $5,000 at 3% interest over 4 years, and a solution indicating the balance reaches $11,200 in about 26.9 years.

Handwritten math problem showing continuous compounding interest formula A = Pe^(rt), with example calculations for an initial investment of $5,000 at 3% interest over 4 years, and a solution indicating the balance reaches $11,200 in about 26.9 years.

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