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  3. if 4000 dollars is invested in a bank account at a

If 4000 dollars is invested in a bank account at an interest rate of 4...

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Basic Math

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If 4000 dollars is invested in a bank account at an interest rate of 4 per cent per year,Find the amount in the bank after 12 years if interest is compounded annually:Find the amount in the bank after 12 years if interest is compounded quarterly:Find the amount in the bank after 12 years if interest is compounded monthly:Finally, find the amount in the bank after 12 years if interest is compounded continuously:

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