Tyra has recently inherited $5400, which she wants to deposit into an IRA account. She has...
Tyra has recently inherited $5400, which she wants to deposit into an IRA account. She has determined that her two best bets are an account that compounds semi-annually at an annual rate of 3.1% (Account 1) and an account that compounds continuously at an annual rate of 4% (Account 2).
Step 2 of 2 :
How much would Tyra's balance be from Account 2 over 3.7 years? Round to two decimal places.
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Tyra has recently inherited $5400, which she wants to deposit
into an IRA account. She has...
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Numerical Methods (matlab code)
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