Math, asked by Astro7459, 1 year ago

Your bank pays you 10% annual interest that is continuously compounded. the annual effective interest rate (rounded to the nearest hundredth of a percent) is

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Answered by vidyutjammwal

If investment interest rate is compounded annually, then n = 1 ... If a savings fund pays interest at a rate of 10% per year compounded semiannually, how much ...

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