Simple and Compound Interest Worksheet
In the module there is a continuous compounding calculator that will give the same result, shown below, (Figure 2.5 Continuous Compounding Applet for Example 2.6. So there will be approximately $5,563.85 in the account after 10 years. Comparing this answer to the one obtained in Example 2.4 shows that continuously compounded interest earns $14 ... ................
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