Question: Need balance for year 5 & 20 also Use the formula for continuous compounding to compute the balance in the account after 1, 5, and

Need balance for year 5 & 20 also

Use the formula for continuous compounding to compute the balance in the account after 1, 5, and 20 years. Also, find the APY for the account. A $2000 deposit in an account with an APR of 3.1%. The balance in the account after 1 year is approximately $ (Round to the nearest cent as needed.)

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