Mathematics, 21.01.2021 20:30 joy8348
1. If a $1,200 certificate of deposit earns 2% compounded continuously then how much will be accumulated at the end of a 7-year
period? Use the continuous compounding equation A = Pent
a) Equation.
b) Value at the end of 7 years.
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Answers: 3
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1. If a $1,200 certificate of deposit earns 2% compounded continuously then how much will be accumul...
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