Business, 17.12.2019 23:31 winterblanco
An initial investment amount p, an annual interest rate r, and a time t are given. find the future value of the investment when the interest is compounded (a) annually, (b) monthly, (c) daily, and (d) continuously. then find (e) the doubling time t for the given interest rate. round to the nearest cent or nearest tenth of a year as needed. p equals =$1500, r equals =3.25%, t equals =5 yr
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