Question
A bank pays interest of 5.2% per annum compounded continuously. If $395,000.00 is placed in a savings account and the interest is left in
A bank pays interest of 5.2% per annum compounded continuously. If $395,000.00 is placed in a savings account and the interest is left in the account, how much money is in the account after 9 years?
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College Accounting A Practical Approach Chapters 1-25
Authors: Jeffrey Slater
12th Edition
013277206X, 978-0132772068
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