If 4000 dollars is invested in a bank account at an interest

Last updated: 7/12/2022

If 4000 dollars is invested in a bank account at an interest rate of 4 per cent per year, Find the amount in the bank after 12 years if interest is compounded annually: Find the amount in the bank after 12 years if interest is compounded quarterly: Find the amount in the bank after 12 years if interest is compounded monthly: Finally, find the amount in the bank after 12 years if interest is compounded continuously: