Mathematics, 28.10.2020 19:30 tursunovarukhshona

Use the formula for continuous compounding to compute the balance in the account after 1, 5, and 20 years. Also, find the APY for the account. A $7,000 deposit in an account with an APR of 3.5 %

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Use the formula for continuous compounding to compute the balance in the account after 1, 5, and 20...