After 20 years, how much money will be in a fund that starts with $2500, and grows at a nominal rate of 6% per year, assuming

Question

After 20 years, how much money will be in a fund that starts with $2500, and grows at a nominal rate
of 6% per year, assuming the money is compounded:
(a)  Annually?
(b)  Weekly?
(c)  Continuously?

Kunduz · Accepted Answer

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