Use the formula for continuous compounding to compute the balance in the account after 1 , 5
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Question:
Use the formula for continuous compounding to compute the balance in the account after and years. Also, find the APY for the account.
An $ deposit in an account with an APR of
Related Book For
Linear Algebra And Its Applications
ISBN: 9781292351216
6th Global Edition
Authors: David Lay, Steven Lay, Judi McDonald
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