Question: 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

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 $9000 deposit in an account with an APR of 4.5% The balance in the account after 1 year is approximately 5 (Round to the nearest cent as needed.)

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