document.write( "Question 171517: Can someone please help me!\r
\n" ); document.write( "\n" ); document.write( "4. You have $760,000 in your bank account. The interest rate in your account is 5%. Solve for the following:\r
\n" ); document.write( "\n" ); document.write( "a. How much interest will you accumulate if interest is compounded annually over the next five years?\r
\n" ); document.write( "\n" ); document.write( "b. How much interest will you earn in your account over the next five years with continuous compounding? \r
\n" ); document.write( "\n" ); document.write( "You can use a scientific calculator or the =Exp() function in Microsoft Excel.
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Algebra.Com's Answer #127154 by Baron(1)\"\" \"About 
You can put this solution on YOUR website!
a your intrest will be 43, 000
\n" ); document.write( "because i used a method that is very hard to explain
\n" ); document.write( "b you will earn 10,000 in your account over the next five years with continuos compunding.
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