Mathematics, 21.01.2022 20:00 SmokeyRN
Aisha started a savings account with AED 3800. The account pays 2.5% compounded
continuously, Aisha wanted to withdraw the money after 5 years, but her friend says
she should wait to withdraw it after 10 years.
Use the continuously compounded interest formula, A = Pe", to determine how much
more money will be in the savings account if Cho waits 10 years instead of 5 years to
withdraw the money? Round your answer to the nearest fils.
Answers: 2
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Aisha started a savings account with AED 3800. The account pays 2.5% compounded
continuously, Aish...
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