Mathematics
Mathematics, 02.04.2020 04:49, KieraKimball

Use the formula for continuous compounding to compute the balance in the account after 1, 5, and 20 years. Also, find the APY for the account. A 17,000 deposit in an account with an APR of 4.5%. The balance in the account after 1 year is approximately?

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Use the formula for continuous compounding to compute the balance in the account after 1, 5, and 20...

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