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. $16,00 deposit in an account with an APR of 4.75%. The balance in the account after 1 year is approximately. The Balance after 5yr Approx and 20 Year approx?

step-by-step explanation:

step-by-step explanation:

use pothagarean therom

a^2+b^2=c^2 so first ac

acm is a right triangle because c= 90°

and am (the hypotenuse or c) =16+9 =25

but there is not enough info we need another angle or side length

1/8 3/16 3/4

step-by-step explanation:

you put them as all the same denominator and multiply