Mathematics, 05.05.2020 23:04 jordandabrat

You deposit $400 in an account that pays 5% annual interest How long will
it take for the balance to double for each frequency of compounding?
a. annually
b. quarterly
c. daily
d. continuously

Answers: 3

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You deposit $400 in an account that pays 5% annual interest How long will
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More questions: Mathematics Another questions

You deposit $400 in an account that pays 5% annual interest How long will it take for the balance to double for each frequency of compounding? a. annually b. quarterly c. daily d. continuously

Answers

Another question on Mathematics

You deposit $400 in an account that pays 5% annual interest How long will
it take for the balance to double for each frequency of compounding?
a. annually
b. quarterly
c. daily
d. continuously