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Solved: Interest Find the compound amounts for the deposit
Chapter , Problem 93A(choose chapter or problem)
QUESTION:
Interest Find the compound amounts for the deposit if interest is compounded continuously.$12,000 at 5% for 8 years
Questions & Answers
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.