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Mathematics, 17.07.2019 19:20 ceciliaaa
4. suppose you deposit $100 in a savings account that compounds annually at 2%. after 1 year at this rate, the bank changes its rates of compounding to 1.5% annually. assuming the compounding rate does not change for 4 additional years, how much will your account be worth at the end of the 5 year period?
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4. suppose you deposit $100 in a savings account that compounds annually at 2%. after 1 year at this...
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