Use the following formulas for 8 and 9
A=pe^rt. A=p(1+r/n)^nt
8. You deposit $2000 in a...
Mathematics, 04.02.2021 20:10 bremarie102013
Use the following formulas for 8 and 9
A=pe^rt. A=p(1+r/n)^nt
8. You deposit $2000 in an account that pays 6.7% annual interest compounded continuously. What is the balance after 3 years
9. You deposit $6000 in an account that pays 3.6% annual interest . Find the balance after 2 years of interest is compounded monthly.
Answers: 1
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