Find the value of $800 deposited in a bank at 10% interest for 8 years compounded in the following ways: Annually Quarterly Continuously (Round answers to the nearest cent)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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Find the value of $800 deposited in a bank at 10% interest for 8 years compounded in the following ways:

Annually

Quarterly

Continuously

(Round answers to the nearest cent)

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