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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Find the annual percentage yield, to 3 decimal places, for an investment at
a) 8.6% compounded continuously?
b) 9.6% compounded monthly?
**Pls help me on a clear worksheet with accurate solution**
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