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EXERCISES: ACTIVITY 8. 1. You inherit $25,000 and deposit it in an investment account that earns 4.5% annual interest compounded quarterly a. Write an equation

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EXERCISES: ACTIVITY 8. 1. You inherit $25,000 and deposit it in an investment account that earns 4.5% annual interest compounded quarterly a. Write an equation that gives the amount of money in the account after I years. b. How much money will be in the account after 10 years? c. If the interest were to be compounded continuously at 4.35. how much money would be in the account after 10 years? 3 2. Your friend deposits 51900 in an account that earns 34 compounded continuously a. What will be her balance after two years

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