Question:

If 5000 dollars is invested in a bank account at an interest rate of 10 per cent per year, Find the amount in the bank after 14 years if interest is compounded annually: Find the amount in the bank after 14 years if interest is compounded quarterly: Find

Last updated: 8/15/2022

If 5000 dollars is invested in a bank account at an interest rate of 10 per cent per year, Find the amount in the bank after 14 years if interest is compounded annually: Find the amount in the bank after 14 years if interest is compounded quarterly: Find

If 5000 dollars is invested in a bank account at an interest rate of 10 per cent per year, Find the amount in the bank after 14 years if interest is compounded annually: Find the amount in the bank after 14 years if interest is compounded quarterly: Find the amount in the bank after 14 years if interest is compounded monthly: Finally, find the amount in the bank after 14 years if interest is compounded continuously: