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Homework answers / question archive / If 4000 dollars is invested in a bank account at an interest rate of 6 per cent per year,   Find the amount in the bank after 6 years if interest is compounded annually:__________   Find the amount in the bank after 6 years if interest is compounded quarterly:_________   Find the amount in the bank after 6 years if interest compounded monthly:__________   Finally, find the amount in the bank after 6 years if interest is compounded continuously:_________

If 4000 dollars is invested in a bank account at an interest rate of 6 per cent per year,   Find the amount in the bank after 6 years if interest is compounded annually:__________   Find the amount in the bank after 6 years if interest is compounded quarterly:_________   Find the amount in the bank after 6 years if interest compounded monthly:__________   Finally, find the amount in the bank after 6 years if interest is compounded continuously:_________

Math

If 4000 dollars is invested in a bank account at an interest rate of 6 per cent per year,

 

Find the amount in the bank after 6 years if interest is compounded annually:__________

 

Find the amount in the bank after 6 years if interest is compounded quarterly:_________

 

Find the amount in the bank after 6 years if interest compounded monthly:__________

 

Finally, find the amount in the bank after 6 years if interest is compounded continuously:_________

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