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Mathematics, 06.05.2020 18:10 Liapis
Jackie makes an $800 deposit into a bank account earning 4.5% interest.
a. If the interest is compounded quarterly how much money will Jackie have in 10 years?
b. If the interest is compounded continuously how much money will Jackie have in 10 years?
C. If Jackie's money is compounded continuously, how long will it take her money to double?
d. If Jackie's money is compounded monthly, how long will it take her money to triple?
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Answers: 3
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Jackie makes an $800 deposit into a bank account earning 4.5% interest.
a. If the interest is...
a. If the interest is...
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