You have $11,000 to invest for 7 years. Find how much you'll have at the end of the 7 years if you earn 4% interest compounded (a) annually: $ (b) monthly: $ (c) daily: $ (d) continuously: $ Question Help: Video Message instructor Submit Question

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.7: Writing Exponential Functions
Problem 36PFA
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You have $11,000 to invest for 7 years. Find how much you'll have at the end of the 7 years if you
earn 4% interest compounded
(a) annually: $
(b) monthly: $
(c) daily: $
(d) continuously: $
Question Help: Video Message instructor
Submit Question
Transcribed Image Text:You have $11,000 to invest for 7 years. Find how much you'll have at the end of the 7 years if you earn 4% interest compounded (a) annually: $ (b) monthly: $ (c) daily: $ (d) continuously: $ Question Help: Video Message instructor Submit Question
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