Question: If $ 3 , 5 0 0 is borrowed at 5 . 5 % interest, find the amounts due at the end of 3 years
If $ is borrowed at interest, find the amounts due at the end of years if the interest is compounded as follows. Round your answers to the nearest cent.
i
annually
$
ii
quarterly
$
iii
monthly
$
iv
weekly
$
v
daily
$
vi
hourly
$
vii
continuously
$
b
Suppose $ is borrowed and the interest is compounded continuously. If
At
is the amount due after t years, where
t
graph
At
for each of the interest rates and on a common screen.
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