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Write an expression for the the amount of money increases the end of three years in terms of the growth factor x. When interest is compounded continuously, value of the account at the yrar of three years in terms of the growth factor X. Snapsolve any problem by taking nearest cent. Try it in the Numerade. For Educators Log in Sign. Round your answer to the personal homework tasks.
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Each year a certain amount of money is deposited | E transfer bmo |
Each year a certain amount of money is deposited | 607 |
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ques:-(c) A certain money is deposited every month for 8 months in a recurring deposit account at 12Each year, a certain amount of money is deposited in an account that pays an annual interest rate of $r$, resulting in a balance growth. DATE PERIOD 4. Each year a certain amount of money is deposited in an account which pays an annual interest rate of r so that at the end of each. A certain sum of money Q was deposited for 5 years and 4 months at % simple interest and amounted to Rs Then the value of Q is. Rs ; Rs ; Rs
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