Ask Question
28 July, 00:15

You deposit $8,000 in an account that is compounded quarterly at an annual rate of r (in decimal form). a = 8,0001 + r460 what is the limit of a as the interest rate approaches 8%? (round your answer to two decimal places. if an answer does not exist, enter dne.)

+5
Answers (1)
  1. 28 July, 03:16
    0
    The limit would be 8036.8.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “You deposit $8,000 in an account that is compounded quarterly at an annual rate of r (in decimal form). a = 8,0001 + r460 what is the limit ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers