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Solution
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Represent the number with
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Popular Examples
If 2, 800.002, 800.00 is deposited into a savings account with continuous compounding with an annual interest rate of 2%, how long will it take for this amount to reach 11, 200.00? Round to the nearest tenthKari inherited some money from her grandfather and put it in a bank account that earns 8% interest compounded monthly. After 10 years, Kari had 1,000.00 in the bank account. How much interest did she earn?137 000 is invested for 2 years at 5.5% p.a. compounded monthly. Calculate the interest earned.number is increased by 35% :The result is 324:Work out the number.Hazel opened a savings account and deposited 800.00 as principal. The account earns 7% interest, compounded annually. What is the balance after 10 years?