Mathematics, 30.06.2019 06:30 Shelleycarousel
Mr. jamison deposited $100 into a new savings account on january 1. on the first day of each month thereafter, he deposited three times the amount he deposited in the previous month. on june 15 of the same year, the total amount mr. jamison has deposited is $
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A. use the formula for continuous compounding with the original example: $1000 invested at 2% for 1 year. record the amount to 5 decimal places. use a calculator. b. compare it to the result using the original compound interest formula with n = 365 calculated to 5 decimal places. which has a larger value? explain.
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Mr. jamison deposited $100 into a new savings account on january 1. on the first day of each month t...
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