Answered: 4. For a deposit of $ 1023 at 7.8%…

Engineering

Civil Engineering

4. For a deposit of $ 1023 at 7.8% interest compounded continuously over 4 years, find the interest earned?

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter18: Life-cycle Costing

Section: Chapter Questions

Problem 7RQ

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4. For a deposit of $ 1023 at 7.8% interest compounded continuously over 4 years, find the interest earned?

5. Irish is offered to invest in a business firm that will make her money earn 6% compounded bimonthly. How long will it take for her money to triple?

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