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Continuous Compound Interest.Provident Bank offers a 10-year CD that earns 2.15%compounded continuously. 4)If $10,000 is invested in this CD. how much will it be worth
Continuous Compound Interest.Provident Bank offers a 10-year CD that earns 2.15%compounded continuously.
4)If $10,000 is invested in this CD. how much will it be worth in 10 years?
a)1,239.62
b) .215
c) 10,000
d) 12,398.62
5)How long will it take to be worth $18,000?
a) 18years
b) .27 years
c) 1.8 years
d) 27.34 years
6)Solve for the variable. Y = log2128
a) 7
b) 2
c) -1
d) Does not
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