A savings account pays 4.25% interest compounded continuously. At what rate per year must money be deposited

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A savings account pays 4.25% interest compounded continuously. At what rate per year must money be deposited steadily in the account to accumulate a balance of $100,000 after 10 years?

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Calculus And Its Applications

ISBN: 9780134437774

14th Edition

Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar

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Question Posted: Mar 28, 2023 12:41 AM

In what time will Rs. 3546 amount to Rs. 7683 at 5% simple interest (to nearest integer)? 1. 16 years 2. 17 years 3. 23 years 4. 18 years 5. 12 years
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A savings account pays 4.25% interest compounded continuously. At what rate per year must money be deposited

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The future value of a continuous in...View the full answer

Calculus And Its Applications

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