Mathematics, 06.05.2020 03:42 enriqueliz1680
Linda invests $3000 in a bond trust that pays 8% interest compounded monthly. Her friend Lyla invests $3000 in a certificate of deposit that pays 7.75% compounded continuously. For Linda: a. State which formula should be used to solve this problem. b. Write the function for Linda. c. Determine how much Linda would have in her account after 20 years
Answers: 1
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Linda invests $3000 in a bond trust that pays 8% interest compounded monthly. Her friend Lyla invest...
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