Chapter 1, Section 1.7, Question 007 If you need $40,000 in your bank account in 3 years, how much must be deposited now? The interest rate is 8%, compounded continuously. Round your answer to the nearest dollar. The deposit required is $ the absolute tolerance is +/-5 Question Attempts: 0 of 5 used powered by Maplo Net
Chapter 1, Section 1.7, Question 007 If you need $40,000 in your bank account in 3 years, how much must be deposited now? The interest rate is 8%, compounded continuously. Round your answer to the nearest dollar. The deposit required is $ the absolute tolerance is +/-5 Question Attempts: 0 of 5 used powered by Maplo Net
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...
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