Mathematics, 22.07.2019 04:10 whitethunder05
If 47400 dollars is invested at an interest rate of 7 percent per year, find the value of the investment at the end of 5 years for the following compounding methods, to the nearest cent.
(a) annual: $
(b) semiannual: $
(c) monthly: $
(d) daily: $
Answers: 1
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If 47400 dollars is invested at an interest rate of 7 percent per year, find the value of the invest...
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