Jim places $10,000 in a bank account that pays 13.5% compounded continuously. After 2 years,...
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Algebra
Jim places $10,000 in a bank account that pays 13.5% compounded continuously. After 2 years, will he have enough money to buy a car that costs $13,1047 if another bank will pay Jim 14% compounded semiannually, is this a better deal? After 2 years, Jim will have $
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