Coles Carlson
03/19/2024 · Junior High School
1e appropriate compound interest formula to find the amount that will be in each account, given the stated conditions. \( \$ 26,000 \) invested at \( 3.95 \% \) arrual interest for 2 yea ly \( (n=365) \); (b) continuously nd to the nearest cent as needed.) ne amount that \( \$ 26,000 \) invested at \( 3.95 \% \) annual interest for 2 years compounded continuously is \( \$ \square \) ind to the nearest cent as needed.)
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- Compounded Daily: $28,164.34
- Compounded Continuously: $28,113.20
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