3. How much will accumulate in an account with an initial deposit of $100, and which earns 10% interest compounded quarterly for 3 years? $133.1 $313.48 $134.49 $135 4. Ali invested $4000 in her savings account for 4 years. When he withdrew it, he had $4350.52. Interest was compounded continuously. What was the interest rate on the account? O 2.4% O 2.1% 2.2% 2.7% O O O
3. How much will accumulate in an account with an initial deposit of $100, and which earns 10% interest compounded quarterly for 3 years? $133.1 $313.48 $134.49 $135 4. Ali invested $4000 in her savings account for 4 years. When he withdrew it, he had $4350.52. Interest was compounded continuously. What was the interest rate on the account? O 2.4% O 2.1% 2.2% 2.7% O O O
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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3. How much will accumulate in an account
with an initial deposit of $100, and which
earns 10% interest compounded quarterly
for 3 years?
$133.1
$313.48
$134.49
$135
4. Ali invested $4000 in her savings account
for 4 years. When he withdrew it, he had
$4350.52. Interest was compounded
continuously. What was the interest rate on
the account?
2.4%
2.1%
2.2%
2.7%
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