A) if you deposit 4000$ into an account paying 6% annual compound interest monthly, how much will be in the account after 3 years?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
ChapterP: Prerequisites
SectionP.6: The Rectangular Coordinate System And Graphs
Problem 7ECP
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A) if you deposit 4000$ into an account paying 6% annual compound interest
monthly, how much will be in the account after 3 years?
B) Determine the multifactor productivity for the combined input of the labor and
the machine time using the following input:
Labor: $ 1000 Materials: $ 520
Overheads: $ 2000
Keep in mind the production is 1760 Unit.
Transcribed Image Text:A) if you deposit 4000$ into an account paying 6% annual compound interest monthly, how much will be in the account after 3 years? B) Determine the multifactor productivity for the combined input of the labor and the machine time using the following input: Labor: $ 1000 Materials: $ 520 Overheads: $ 2000 Keep in mind the production is 1760 Unit.
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