Mathematics, 07.03.2021 01:20 pennygillbert
The principal represents an amount of Principal Rate Compounded Time money deposited in a savings account subject to compound interest at the $6000 2% annually 2 years given rate.
A. Find how much money there will be in the account after the given number of years.
B. Find the interest earned
A. The amount of money in the account after 2 years is $
B. The amount of interest earned is $
Answers: 1
Mathematics, 21.06.2019 15:00, Bgreene2377
Given the choice between receiving $1.000.000 in one month or a single penny-doubled everyday for the period of one month; which option would you choice? show your work to support your answer. (assume that 1 month=30 days)
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Mathematics, 21.06.2019 16:30, macenzie26
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