Suppose that $12,000 is deposited each year, on a continuous basis, into a savings account that pays 3.25% per year, com
Posted: Wed Jul 06, 2022 6:18 pm
Suppose that $12,000 is deposited each year, on a continuous basis, into a savings account that pays 3.25% per year, compounded continuously. How much money will have accumulated after 5 years?