sessionlauren
sessionlauren sessionlauren
  • 17-11-2016
  • Mathematics
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find the accumulated value of an investment of $13,180 for 6 years at an annual interest rate of 2.3% if the money is:

a) compounded semiannually
b)compounded monthly
c)compounded quarterly
d)compounded continuously

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bcalle
bcalle bcalle
  • 27-11-2016
The first three use the same formula. Continuously uses a different formula.
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