Question
If $5000 is deposited in a savings account that earns interest at an annual rate of 7.5% interest compounded continuously, what is the value of
If $5000 is deposited in a savings account that earns interest at an annual rate of 7.5% interest compounded continuously, what is the value of the account at the end of seven years?
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Intermediate Accounting Volume 2
Authors: Thomas Beechy, Joan Conrod, Elizabeth Farrell, Ingrid McLeod-Dick
7th Edition
1259108023, 9781259108020
