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Mathematics, 05.04.2020 05:49 lilswetheart2007

3.Compound Interest:
A bank account that pays 4.2%
interest. Write an equation with an
initial value of $2000. How much
will the account have in it after 5
years? Explain what the difference
would be if the same account was
compounded monthly, quarterly,
daily, or continuously. Which way
would make you more money?

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Answers: 3

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3.Compound Interest:
A bank account that pays 4.2%
interest. Write an equation with an

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