If the principal is $1200 and the interest rate is 9.5% compounded monthly, calculate the account balance

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If the principal is $1200 and the interest rate is 9.5% compounded monthly, calculate the account balance after 4 years. Determine the balance if the interest is compounded continuously.

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College Algebra With Modeling And Visualization

ISBN: 9780134418049

6th Edition

Authors: Gary Rockswold

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Question Posted: Jun 02, 2023 08:23 AM

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If the principal is $1200 and the interest rate is 9.5% compounded monthly, calculate the account balance

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124 0095 12 continuously the ac...View the full answer

College Algebra With Modeling And Visualization

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