1
answer
0
watching
114
views
28 Sep 2019
Suppose you have $10,000 in an account earning 5% interest. How much money will
you have in 5 years if:
(a) you get simple interest?
(b) you get interest compounded annually?
(c) you get interest compounded weekly (52 times a year)?
(d) you get interest compounded continuously?
Suppose you have $10,000 in an account earning 5% interest. How much money will
you have in 5 years if:
(a) you get simple interest?
(b) you get interest compounded annually?
(c) you get interest compounded weekly (52 times a year)?
(d) you get interest compounded continuously?
Reid WolffLv2
28 Sep 2019