Mathematics, 04.01.2021 18:20 crand1000

If $8000 is invested in an account for which interest is compounded continuously, find the amount of the investment at the end of 12 years for the following interest rates.
(a) 2%
(b) 3%
(c) 4.5%
(d) 7%

Answers: 1

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If $8000 is invested in an account for which interest is compounded continuously, find the amount of the investment at the end of 12 years for the following interest rates. (a) 2% (b) 3% (c) 4.5% (d) 7%

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If $8000 is invested in an account for which interest is compounded continuously, find the amount of the investment at the end of 12 years for the following interest rates.
(a) 2%
(b) 3%
(c) 4.5%
(d) 7%