Question: Use the appropriate compound interest formula to find the amount that will be in each account, given the stated conditions. $27,000 invested at 3.95% annual

 Use the appropriate compound interest formula to find the amount that
will be in each account, given the stated conditions. $27,000 invested at

Use the appropriate compound interest formula to find the amount that will be in each account, given the stated conditions. $27,000 invested at 3.95% annual interest for 3 years compounded (a) daily (n = 365); (b) continuously (a) The amount that $27,000 invested at 3.95% annual interest for 3 years compounded daily (n = 365) is $ (Round to the nearest cent as needed.) (b) The amount that $27,000 invested at 3.95% annual interest for 3 years compounded continuously is $ (Round to the nearest cent as needed.)

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