document.write( "Question 730449: 1.Find the amount in an account where $100 is invested at 4% compounded quarterly for a period of two years.
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document.write( "2.Find the amount in an account where $1000 is invested at 3% compounded continously for a period of five years. \n" );
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Algebra.Com's Answer #446710 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! 1) \n" ); document.write( "FV=100(1.01)^8 \n" ); document.write( "FV=$108.29 \n" ); document.write( "2) \n" ); document.write( "FV=1000(2.7183)^0.03*5 \n" ); document.write( "FV=1000(2.7183)^0.15 \n" ); document.write( "FV=1000*1.1618 \n" ); document.write( "FV=$1161.80 \n" ); document.write( " |