Booster: If 43900 dollars is invested at an interest rate of 10 percent per year, find the value of the investment at the end of 5 years for the following compounding methods. Annual? Semiannual? Monthly? Daily? Continuously?

Tuesday, 17 June 2014

If 43900 dollars is invested at an interest rate of 10 percent per year, find the value of the investment at the end of 5 years for the following compounding methods. Annual? Semiannual? Monthly? Daily? Continuously?

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