Find how much money will be in the account after the given number of years (Assume 360 days in a year.), and how much interest was earned. Principal: $9500 Rate: 4.5% Compounded: monthly Time: 4 years amount in account: $9936.43; interest earned: $436.43 amount in account: $9643.30; interest earned: $143.30 amount in account: $11,369.74; interest earned: $1869 74
Find how much money will be in the account after the given number of years (Assume 360 days in a year.), and how much interest was earned. Principal: $9500 Rate: 4.5% Compounded: monthly Time: 4 years amount in account: $9936.43; interest earned: $436.43 amount in account: $9643.30; interest earned: $143.30 amount in account: $11,369.74; interest earned: $1869 74
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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