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 $8000 deposit in an account with an APR of 3.5%

1. The balance in the account after 1 year is approximately (Round to the nearest cent as needed.)
2. The balance in the account after 5 years is approximately (Round to the nearest cent as needed.)
3. The balance in the account after 20 years is approximately (Round to the nearest cent as needed.)
4. The APY for the account is approximately (Round to decimal places as needed)

step-by-step explanation:

a and d

explanation:

the loan estimate encourages consumers to shop. since it is the lenders who are required to issue a standardized loan estimate in a specific time frame, this way consumers are provided an opportunity to compare lenders and their products. otherwise consumer wouldn't know the benefits offered by other lenders.  

if a loan originator does not provide a loan estimate within 3 business days of receiving a completed loan application, that lender is in violation. lenders are required to issue a loan estimate within 3 days of applying for a loan or within 7 days prior to closing. having a loan estimate has following information.

not having loan estimate won't give you an idea of money to be borrowed.

you get to know your interest rates.

you also get to know if your interest rate can or may vary.

not having a good faith estimate can keep you unaware of aforementioned points.

choice b

step-by-step explanation:

f(x) = 88x^2 -264x + 300

the line of symmetry of a parabola is defined by

h = -b/2a

where ax^2 +bx+c=0

so

h = - -264/ (2*88)

h = 3/2

so x = 1.5

is there any other information given for this problem? this is not enough information.