Suppose you deposit $800 in an account that pays 4.25% annual interest compounded quarterly for 5 years.How much mote would you have in the account if interest was compounded continously

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.2: Applications Of Exponential Functions
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Suppose you deposit $800 in an account that pays 4.25% annual interest compounded quarterly for 5 years.How much mote would you have in the account if interest was compounded continously?

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