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3-4 please If $8,750 is deposited in an account earning interest at 2.75% for 7 years, what is the ending balance if it is compounded
3-4 please
If $8,750 is deposited in an account earning interest at 2.75% for 7 years, what is the ending balance if it is compounded continuously? Format answer rounded to 2 decimal places, with no dollar signs, no spaces, and no commas. Examples: 4365.17 12135.00 Your Answer: If $19,000 is deposited in an account earning interest at 4.95% for 6 years, what is the ending balance if it is compounded weekly? Format answer rounded to 2 decimal places, with no dollar signs, no spaces, and no commas. Examples: 4365.17 12135.00 Step by Step Solution
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