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babunello [35]
3 years ago
9

Kylie invested $2,800 in an account paying an interest rate of 5.5 % compounded annually. Ariana invested $2,800 in an account p

aying an interest rate of 5.75% compounded continuously. After 12 years, how much more money would Ariana have in her account than Kylie, to the nearest dollar?​
Mathematics
1 answer:
rodikova [14]3 years ago
4 0
Como se usa esto no entiendo nada
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Simplify by using the product, quotient, and power rules
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What is the present value of a cash inflow of 1250 four years from now if the required rate of return is 8%
sdas [7]

Using simple interest, it is found that the present value of the cash inflow is of 947.

<h3>Simple Interest</h3>

Simple interest is used when there is a single compounding per time period.

The amount of money after t years in is modeled by:

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More can be learned about simple interest at brainly.com/question/25296782

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2 years ago
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