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Sequences & Series (id: 6b454452a)

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admin 发表于 2024-6-1 14:07:50 | 显示全部楼层 |阅读模式
本题目来源于试卷: Sequences & Series,类别为 IB数学

[问答题]
Maria invests $ 25000 into a savings account that pays a nominal annual interest rate of 4.25 % , compounded monthly.
1. Calculate the amount of money in the savings account after 3 years.
2. Calculate the number of years it takes for the account to reach 40000 dollars.




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