Question
An investment banker deposited $50,000 in an account earning a nominal 6% per year compounded continuously. How much was in the account at the end
An investment banker deposited $50,000 in an account earning a nominal 6% per year compounded continuously. How much was in the account at the end of three years? Round the answer to nearest dollar.Select the correct answer below:58,86157,86159,86156,86155,86154,861
An investment banker deposited $50,000 in an account earning a nominal 6% per year compounded continuously. How much was in the account at the end of three years? Round the answer to nearest dollar.Select the correct answer below:58,86157,86159,86156,86155,86154,861
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Discovering Advanced Algebra An Investigative Approach
Authors: Jerald Murdock, Ellen Kamischke, Eric Kamischke
1st edition
1559539844, 978-1604400069, 1604400064, 978-1559539845
