document.write( "Question 172750: Can someone please help me!
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document.write( "4. You have $760,000 in your bank account. The interest rate in your account is 5%. Solve for the following:
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document.write( "a. How much interest will you accumulate if interest is compounded annually over the next five years?
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document.write( "b. How much interest will you earn in your account over the next five years with continuous compounding?
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document.write( "You can use a scientific calculator or the =Exp() function in Microsoft Excel. \n" );
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Algebra.Com's Answer #127589 by jojo14344(1513)![]() ![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "Remember: \n" ); document.write( "a) \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Total Interest: \n" ); document.write( ". \n" ); document.write( "b) \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Total Interest: \n" ); document.write( ". \n" ); document.write( "Thank you, \n" ); document.write( "Jojo \n" ); document.write( " |