Mathematics, 04.01.2021 02:10 zanna12
Kathryn deposits 100 into an account at the beginning of each 4-year period for 40 years. The account credits interest at an annual effective interest rate of i. The accumulated amount in the account at the end of 40 years is X, which is 5 times the accumulated amount in the account at the end of 20 years. Find X
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Alicia puts $400 in a bank account. each year the account earns 5% simple interest. how much money will be in her bank account in six months?
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Kathryn deposits 100 into an account at the beginning of each 4-year period for 40 years. The accoun...
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