subject
Mathematics, 27.09.2021 14:00 moneymaleia9264

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 3.5%
The balance in the account after 1 year is approximately $

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 15:30
Solve the system of equations. y= 2x y= x^2 - 15
Answers: 1
question
Mathematics, 21.06.2019 18:30
Acoin bank containing only dimes and quarters has 12 more dimes than quarters. the total value of the coins is $11. how many quarters and dimes are in the coin bank?
Answers: 1
question
Mathematics, 21.06.2019 18:30
Write the rational number in lowest terms 99/-15
Answers: 2
question
Mathematics, 21.06.2019 22:30
Acredit union pays 5% annual interest, compounded daily, on savings deposits. find the value after one year of $500 deposited in this account. $525.64 $25.64 $20.40 $520.40
Answers: 2
You know the right answer?
Use the formula for continuous compounding to compute the balance in the account after 1, 5, and 20...
Questions
question
Mathematics, 01.02.2020 22:43
question
Mathematics, 01.02.2020 22:43
Questions on the website: 13722361