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ElenaW [278]
3 years ago
6

You invest an initial $1,000 in an account that has an annual interest rate of 2%, compounded quarterly. How much money will you

have in the account after 5 years? Round your answer to the nearest whole number
Mathematics
1 answer:
stellarik [79]3 years ago
3 0
1,400 it will be 20 qrtly making 80 a year time 5 years
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Find the derivative of L and set it equal to zero.

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The two points on the curve closest to the origin are \left( \pm\frac{\sqrt{2}}{2},\frac{1}{2} \right)

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