Question: Can the work be shown in excel using formulas? You deposit $10,000 in an account that earns 5.5% compounded continuously and your friend deposits $10,000
Can the work be shown in excel using formulas?
You deposit $10,000 in an account that earns 5.5% compounded continuously and your friend deposits $10,000 in an account that earns 5.5% annually.
a. How much more will you have in the account in 10 years? b. How much more interest did you earn in the 10 years?
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