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I'm stuck at B $18,000 deposit is made into an account with an APR of 3.5%, compounded continuously. a. Compute the balance in the account
I'm stuck at B
$18,000 deposit is made into an account with an APR of 3.5%, compounded continuously. a. Compute the balance in the account after 1,5, and 20 years. (Simplify your answers and roun the nearest cent.) The balance in the account after 1 year is The balance in the account after 5 years is The balance in the account after 20 years is b. The APY for the account is (Simplify your answer and round to two decimal places.) Step by Step Solution
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