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Salsk061 [2.6K]
3 years ago
6

Use the formula for continuous compounding to compute the balance in the account after​ 1, 5, and 20 years.​ Also, find the APY

for the account. A 17,000 deposit in an account with an APR of 4.5%. The balance in the account after 1 year is approximately?
Mathematics
1 answer:
tigry1 [53]3 years ago
3 0
I believe answer is the square root of 87+56-12=5
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