Mathematics
Mathematics, 01.08.2019 10:00, tasnimsas3

Use the numbers from the original example: $1,000 invested at a 2% interest rate compounded n times per year. compare the change in p as n increases. fill in the table. use a calculator and write the values to 5 decimal places. n 1.) 1 (once per year) 2.) 4 (every 3 months) 3.) 12 (every month) 4.) 52 (every week) 5.) 365 (every day) p=po(1+ r/n) is the equation used [o=0 placed at the bottom of the p]will mark as

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Use the numbers from the original example: $1,000 invested at a 2% interest rate compounded n times...

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