You are investing $4000 with a 2.5% nominal interest; compare what happens if the interest is compounded annually, quarterly, or continuousl

Question

You are investing $4000 with a 2.5% nominal interest; compare what happens if the interest is compounded annually, quarterly, or continuously for 20 years. 1. Find the value of each of the three accounts after 20 years. Annually Quarterly Continuously​

in progress 0
Thông Đạt 3 years 2021-08-13T13:14:51+00:00 1 Answers 5 views 0

Answers ( )

  1. Neala
    0
    2021-08-13T13:16:35+00:00
    Reply

    Every year he pay like 100$
    Compounded gon to be half
    Quarter 1.3%

Leave an answer

Browse

Giải phương trình 1 ẩn: x + 2 - 2(x + 1) = -x . Hỏi x = ? ( )