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Jim places $10,000 in a bank account that pays 13.5% compounded continuously. After 2 years, will he have enough money t
Posted: Sat Jul 09, 2022 2:13 pm
by answerhappygod
- Jim Places 10 000 In A Bank Account That Pays 13 5 Compounded Continuously After 2 Years Will He Have Enough Money T 1 (7.67 KiB) Viewed 49 times
Jim places $10,000 in a bank account that pays 13.5% compounded continuously. After 2 years, will he have enough money to buy a car that costs $13,1047 if another bank will pay Jim 14% compounded semiannually, is this a better deal? After 2 years, Jim will have $ (Round to the nearest cent as needed) CD