Help pls-
Bram invested $10,000 in an account that earns simple 5% interest annually.
Q...
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Mathematics, 27.01.2021 19:30 hongkongbrat6840
Help pls-
Bram invested $10,000 in an account that earns simple 5% interest annually.
Question 1: How much interest does the account earn in the first 10 years? (Round to the nearest dollar)
Question 2: How much more would the account earn in interest in the first 10 years if the interest compounded continuously? (Round to the nearest dollar)
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Answers: 2
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