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Solved: Interest Find the compound amounts for the deposit

Chapter , Problem 93A

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QUESTION:

Interest Find the compound amounts for the deposit if interest is compounded continuously.$12,000 at 5% for 8 years

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QUESTION:

Interest Find the compound amounts for the deposit if interest is compounded continuously.$12,000 at 5% for 8 years

ANSWER:

Solution:-Step 1 of 2Given thatWe have to find the compound amounts for the deposit if interest is compounded continuously.

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