Suppose that $\$ 12,000$ is invested at $5.8 \%$ for 6 years. Find the total amount present at the end of this time period if the interest is compounded (a) monthly and (b) continuously.

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The Answer of Suppose that $\$ 12,000$ is invested at $5.8 \%$ for 6 years. Find the total amount present at the end of this time period if the interest is compounded (a) monthly and (b) continuously.

Suppose That $12,000\$ 12,000$12,000 Is Invested At 5.8%5.8 \%5.8% For 6 Years

Suppose That $\$ 12,000$ Is Invested At $5.8 \%$ For 6 Years