JanayPatriece530 JanayPatriece530

13-09-2022
Mathematics

Answered

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 $1000 deposit in an account with an apr of 3.75%
the balance in the account after 1 year is approximately $
(round to the nearest cent as needed.)
>
s

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