Asked by Lauren
If you deposit $10,000 in a savings account now, what interest rate compounded continuously would be required for you to withdraw $15,000 at the end of 6 years?
B. A savings and loans facility offers a CD with a monthly compounding rate that has an APY of 6.25%
B. A savings and loans facility offers a CD with a monthly compounding rate that has an APY of 6.25%
Answers
Answered by
Meee
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