Business, 18.06.2021 17:20 xelynncaldera
Every month, is deposited into an account earning interest a month, compounded monthly. Round your answers to two decimal places. (a) How much is in the account right after the deposit? Right before the deposit? Balance right after the deposit Enter your answer; Balance right after the 5^th deposit = $ Balance right before the deposit Enter your answer; Balance right before the 5^th deposit = $ (b) How much is in the account right after the deposit? Right before the deposit? Balance right after the deposit Enter your answer; Balance right after the 11^th deposit = $ Balance right before the deposit Enter your answer; Balance right before the 11^th deposit = $
Answers: 1
Business, 22.06.2019 02:30
When interest is compounded continuously, the amount of money increases at a rate proportional to the amount s present at time t, that is, ds/dt = rs, where r is the annual rate of interest. (a) find the amount of money accrued at the end of 3 years when $4000 is deposited in a savings account drawing 5 3 4 % annual interest compounded continuously. (round your answer to the nearest cent.) $ (b) in how many years will the initial sum deposited have doubled? (round your answer to the nearest year.) years (c) use a calculator to compare the amount obtained in part (a) with the amount s = 4000 1 + 1 4 (0.0575) 3(4) that is accrued when interest is compounded quarterly. (round your answer to the nearest cent.) s = $
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Business, 22.06.2019 20:00
Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.
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Business, 22.06.2019 22:00
Which of the following is the term for something that you can't live without 1. need 2. want 3. good 4. service
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Business, 22.06.2019 23:30
Decision alternatives should be identified before decision criteria are established. are limited to quantitative solutions are evaluated as a part of the problem definition stage. are best generated by brain-storming.
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Every month, is deposited into an account earning interest a month, compounded monthly. Round your a...
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