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Mathematics, 11.06.2020 01:57 kmontanab00

Thanos believes an education is important. So he decides to purchase a new car to drive to San Jacinto College.

How much should he invest now at 10% to have $8,000 toward the purchase of
a car in 5 years if interest is

(A) compounded quarterly?

(B) compounded
continuously?

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Answers: 3

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