Use the formula for continuous compounding to compute the balance in the account after 1,5,and 20 years also find the spy for the account A $6000 deposit in an account with an APR of 3.6%
Use the formula for continuous compounding to compute the balance in the account after 1,5,and 20 years also find the spy for the account A $6000 deposit in an account with an APR of 3.6%
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 68SE: An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000...
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Use the formula for continuous compounding to compute the balance in the account after 1,5,and 20 years also find the spy for the account A $6000 deposit in an account with an APR of 3.6%
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