Suppose you deposit $1900$1900 in an account with an annual interest rate of 10%10% compounded quarterly. Use the formula A=P(1+rn)ntA=P(1+rn)nt and round each answer to 2 decimal places, if necessary. a.a. Find an equation that gives the amount of money in the account after tt years. A(t)=A(t)= b.b. Find the amount of money in the account after 99 years. After 99 years, there will be $ in the account. cc. How many years will it take for the account to contain $3800$3800? It will take years for there to be $3800$3800 in the account. d.d. If the same account and interest were compounded continuously, how much money
Suppose you deposit $1900$1900 in an account with an annual interest rate of 10%10% compounded quarterly. Use the formula A=P(1+rn)ntA=P(1+rn)nt and round each answer to 2 decimal places, if necessary.
a.a. Find an equation that gives the amount of money in the account after tt years.
A(t)=A(t)=
b.b. Find the amount of money in the account after 99 years.
After 99 years, there will be $ in the account.
cc. How many years will it take for the account to contain $3800$3800?
It will take years for there to be $3800$3800 in the account.
d.d. If the same account and interest were compounded continuously, how much money would the account contain after 99 years?
With continuous compounding interest, there would be $ in the account after 99 years.
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