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Mumz
[18]
3 years ago
7
You deposit $2500 in an account earning 3% interest. Find the amount in 20 years if your money compounds (a) annually, (b) month
ly, and (c) continuously.
Mathematics
Answer
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1
answer:
Bess
[88]
3 years ago
5
0
In this case
P= $2500 , r= 3% , t= 4
A= 2500 × e0.03×4
A= $2819
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