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11 Jun 2020
Annuities
In Exercises 87-90, consider making monthly deposits of P dollars in a savings account at an annual interest rate r. Use the results of Exercise 84 to find the balance A in the account after t years when the interest is compounded
(a) monthly, and
(b) continuously.
Annuities
In Exercises 87-90, consider making monthly deposits of P dollars in a savings account at an annual interest rate r. Use the results of Exercise 84 to find the balance A in the account after t years when the interest is compounded
(a) monthly, and
(b) continuously.
Joram GuingguingLv10
13 Jul 2020