Question: 2. (10 pts.) Use the appropriate formula to answer the following: A = P(1+-) A = Pert a. If $11,660 is deposited in an account


2. (10 pts.) Use the appropriate formula to answer the following: A = P(1+-)" A = Pert a. If $11,660 is deposited in an account at 2.1% annual interest, compounded monthly, how much money will be in the account after 6 years? b. If $9,900 is deposited in an account at 1.85% annual interest, compounded continuously, how much money will be in the account after 8 years
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