Mathematics, 28.01.2021 01:50 Reijected
PLEASE HELP If an investment over nine years at a rate of $288.00 results in a final balance of $1,088.00, what was the original investment?
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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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If an investment over nine years at a rate of $288.00 results in a final balance of $1,...
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