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Suppose That $5000\$ 5000 Is Invested At 4.3%4.3 \% For 15 Years

Question 56

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Suppose that $5000\$ 5000 is invested at 4.3%4.3 \% for 15 years. Find the total amount present at the end of this time period if the interest is compounded (a) semiannually and (b) continuously.

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