Mathematics, 18.05.2021 04:40 stephanieboyd
$1800 is deposited in an account that pays 5% annual interest, compounded monthly. Find the balance after one year.
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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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Mathematics, 21.06.2019 21:50
In a singing competition, there are 150 participants. at the end of each round, 40% of the participants are eliminated. how many participants are left after n rounds?
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$1800 is deposited in an account that pays 5% annual interest, compounded
monthly. Find the balance...
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