% interest, compounded quarterly.
Mathematics, 16.07.2019 21:30, beelcypher
Suppose that $68 comma 000 is invested at 3 and one half
% interest, compounded quarterly.
a) find the function for the amount to which the investment grows after t years.
b) graph the function.
c) find the amount of money in the account at tequals0, 3, 6, and 10 years.
d) when will the amount of money in the account reach $300 comma 000?
picture
Answers: 3
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Suppose that $68 comma 000 is invested at 3 and one half
% interest, compounded quarterly.
% interest, compounded quarterly.
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