E] F] An amount of $3000 is invested at 4.2% compounded annually for 10 years. What will be the value of the investment after 10 years? Answer:$4526.87 An amount of $10000 is growing at 3% compounded quarterly. What will be the amount after 5 years? Answer: $11611.84
E] F] An amount of $3000 is invested at 4.2% compounded annually for 10 years. What will be the value of the investment after 10 years? Answer:$4526.87 An amount of $10000 is growing at 3% compounded quarterly. What will be the amount after 5 years? Answer: $11611.84
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.2: Exponential Functions
Problem 49E
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