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29 February, 02:27

Use the formula for continuous compounding to compute the balance in the account after 1, 5, and 20 years. Also, find the APY for the account. A 17,000 deposit in an account with an APR of 4.5%. The balance in the account after 1 year is approximately?

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  1. 29 February, 04:15
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    I believe answer is the square root of 87+56-12=5
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