Mathematics, 26.03.2020 04:24 barstr9146

Mr. Banks deposited $5000 into an account that earns 3.5% interest (compounded annually) and he will let it accrue money for 7 years. About how much more money would he get if he deposited the same sum of money in an account that compounds interest continuously?

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Mr. Banks deposited $5000 into an account that earns 3.5% interest (compounded annually) and he will...

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