Question
Current Attempt in Progress Suppose $1000 is invested in an account paying interest at a rate of 5.8% per year. Round your answers to two
Current Attempt in Progress\ Suppose
$1000is invested in an account paying interest at a rate of
5.8%per year.\ Round your answers to two decimal places.\ (a) How much is in the account after 7 years if the interest is compounded annually?\ The account will cofitain
$after 7 years.\ (b) How much is in the account after 7 years if the interest is compounded continuously?\ The account will contain $ after 7 years.\
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The Budget Building Book For Nonprofits
Authors: Murray Dropkin, Jim Halpin, Bill La Touche
2nd Edition
0787996033, 978-0787996031
