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5 We deposit 1 , 0 0 0 each in two banks: Bank A and Bank B . Accounts in Bank A earn interest compounded
We deposit each in two banks: Bank A and Bank B Accounts in Bank A earn interest compounded continuously with force of interest: Bank B offers an interest rate of compounded monthly. At the end of years, which account will have the greater accumulated value? a Bank A b Bank B A loan of is being repaid by payments of at the end of each quarter for as long as necessary, plus a final smaller payment one quarter of a year after the last payment. The nominal rate of interest compounded quarterly is What is the interest paid in the th payment period? Please enter an amount rounded to the nearest integer.
We deposit each in two banks: Bank A and Bank B Accounts in Bank A earn interest compounded continuously with force of interest: Bank B offers an interest rate of compounded monthly. At the end of years, which account will have the greater accumulated value?
a Bank A
b Bank B
A loan of is being repaid by payments of at the end of each quarter for as long as necessary, plus a final smaller payment one quarter of a year after the last payment. The nominal rate of interest compounded quarterly is What is the interest paid in the th payment period? Please enter an amount rounded to the nearest integer.
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