Mathematics, 05.12.2021 14:00 jiedwards2815
If 7000 dollars is invested in a bank account at an interest rate of 4 per cent per year,
Find the amount in the bank after 9 years if interest is compounded annually:
Find the amount in the bank after 9 years if interest is compounded quaterly:
Find the amount in the bank after 9 years if interest is compounded monthly:
Finally, find the amount in the bank after 9 years if interest is compounded continuously:
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If 7000 dollars is invested in a bank account at an interest rate of 4 per cent per year,
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