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If you have $1,500, how much money will you have after 40 years in an account that offers 5.9% yearly interest, if the interest is compounded: a. Monthly: $ b. Quarterly:$ c. Continuously:$
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If you have $1,500, how much money will you have after 40 years in an account that offers 5.9% yearly interest, if the interest is compounded: a. Monthly: $ b. Quarterly:$ c. Continuously:$

User James Carr
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1 Answer

5 votes
$5040 after 40 years
hm... probably continuously i think ,
User Ovi
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