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problem1: Albert invested $12,000 into two accounts. One pay 8 percent interest & one pay 6 percent interest. The total return was $880, how much was in each account?

problem2: How much money will there be in an account at the end of eight (8) years, if $20,000 is deposited at 5 percent compounded continuously?

problem3: How much money will there be in an account at the end of eight (8) years, if $20,000 is deposited at 6 percent compounded monthly?

Cost Accounting, Accounting

  • Category:- Cost Accounting
  • Reference No.:- M922913

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