This topic contains a solution. Click here to go to the answer

Author Question: Find the future value P of the amountP0invested for time period t at interest rate k, compounded ... (Read 69 times)

deesands

  • Hero Member
  • *****
  • Posts: 514

Question 1

Find the future value P of the amount P0 invested for time period t at interest rate k, compounded continuously. 

P0 = $77,000, t = 5 yr, k = 5.7%
◦ $102,391.68
◦ $102,491.68
◦ $89,950.00
◦ $73,990.00

Question 2

Find the future value P of the amount P0 invested for time period t at interest rate k, compounded continuously. 

P0 = $1,580,000, t = 15 yr, k = 3.1%
◦ $2,515,382.42
◦ $1,942,724.78
◦ $76,128,663.25
◦ $199,563,907.55


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by deesands on Jun 16, 2021

sarahccccc

  • Sr. Member
  • ****
  • Posts: 318
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly




deesands

  • Member
  • Posts: 514
Reply 2 on: Jun 16, 2021
YES! Correct, THANKS for helping me on my review


JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

For a complete list of videos, visit our video library