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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

Respuesta :

27-11-2016

The first three use the same formula. Continuously uses a different formula.

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