In Problems 2326, find the effective rate of interest. For 4% compounded continuously.

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In Problems 23–26, find the effective rate of interest.

For 4% compounded continuously.

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College Algebra

ISBN: 9780135226865

11th Edition

Authors: Michael Sullivan, Michael Sullivan III

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Question Posted: Jun 14, 2023 03:13 AM

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In Problems 2326, find the effective rate of interest. For 4% compounded continuously.

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Suppose P dollars are invested for 1 year ...View the full answer

College Algebra

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