Mathematics, 14.07.2020 01:01, leaving2020asap

If A, dollars are invested at annual interest rate r, compounded monthly, then after years the account will have grown to
121
A(t) = 40 (1
10 (1 + )"
12
If $2000 is placed into an account eaming 12% annual
interest, compounded monthly, how much will it grow to after
15 years?

Answers: 3

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If A, dollars are invested at annual interest rate r, compounded monthly, then after years the acco...