If a principal
is invested at an annual interest rate
compounded
times a year, then the balance
in the account after
years is given by
.
If a principal
is invested at an annual interest rate
compounded continuously, then the balance
in the account after
years is given by
.
Here
,
% and
years.
Find the value of
for
that means annually compounded.

\
Find the value of
for
that means quarterly compounded.

\
Find the value of
for
that means monthly compounded.

\
Find the value of
for
that means daily compounded.

\
Find the value of
for Continuously compounded interest.

The completed table is :
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The completed table is :
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