Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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Find the compound amount for the deposit. Round to the nearest cent. $7980 at 3% compounded semiannually for 12 years
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- Peter opens a bank account with $ 12,800. The interest rate is 7 % % compounded quarterly. Calculate the final amount in the account after 8 years? *arrow_forwardFind the compound amount for the deposit. Round to the nearest cent. $20,000 at 6% compounded semiannually for 12 yearsarrow_forwardFind the balance. $3,500 at 496 compounded annually for 8 years A. $4,789.99 OB. $4,620.00 C. $29,120.00 D. $3,620.00arrow_forward
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