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April 19, 2014

Homework Help: math

Posted by Lauren on Wednesday, March 7, 2012 at 4:48pm.

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%

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