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Beliebte Beispiele
The following money market account rates were available from a particular bank. Find the compound amount and the interest earned.\$8000 at 1.14% compounded daily for one year.a number plus twelve is equal to 43Oliver deposited 7,000.00 into a new savings account that earns interest compounded continuously. After 1 year, the balance in the account was 7,690.00. What was the interest rate on the account?Hansen opened a savings account and deposited 700.00. The account earns 9% interest, compounded monthly. If he wants to use the money to buy a new bicycle in 3 years, how much will he be able to spend on the bike?Joseph invested 16,000 in an account paying an interest rate of 5.7% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be in the account after 14 years?