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Show off the neat, logical mathematics that you can write! Remember to include your name,...

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Accounting

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Show off the neat, logical mathematics that you can write! Remember to include your name, and notice that there are more questions on the back. 1. Thirteen years ago, Sarah invested some money into an account earning 5.9% interest compounded continuously. If the account now has $4,234 in it: a. How much interest did she earn? Step 1: Label knowns/unknowns. Step 2: Write equation(s) you'll need. A= P = t= Step 3: Show your work! Step 4: Does your answer make sense within the context Step 5: Write your of the problem? Why or why not? answer! b. What was her APY? Step 1: Label knowns/unknowns Step 2: Write equation(s) we'll need Step 3: Show your work! mi Step 4: Does your answer make sense within the context Step 5: Write your of the problem? Why or why not

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