This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Find the future value of a CD paying a 3.5% APR compounded continuously if you invest $4000for a ... (Read 146 times)

ENagel

  • Hero Member
  • *****
  • Posts: 540
on: May 5, 2020

Question 1

Find the future value of a CD paying a 3% APR compounded continuously if you invest $3000
for a term of four years. Round your answer to the nearest cent.
◦ $3278.18
◦ $3282.52
◦ $3409.43
◦ $3376.53
◦ $3382.49

Question 2

Find the future value of a CD paying a 3.5% APR compounded continuously if you invest $4000
for a term of five years. Round your answer to the nearest cent.
◦ $4764.98
◦ $4601.10
◦ $4555.31
◦ $4750.75
◦ $4705.79
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ENagel on May 5, 2020

Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: May 5, 2020
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


ENagel

  • Member
  • Posts: 540
Reply 2 on: May 5, 2020
Wow, this really help

tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

How to find the anti-derivative of a function (Part 2) How to find the anti-derivative of a function (Part 2)
How to find the equation of a line that is perpendicular to a line passing through a point How to find the equation of a line that is perpendicular to a line passing through a point
How to find the domain of a natural logarithmic functions (Part 2) How to find the domain of a natural logarithmic functions (Part 2)
People in poor, urban areas often find themselves in “food deserts" People in poor, urban areas often find themselves in “food deserts"
Find derivative by using definition of the derivative question 2 Find derivative by using definition of the derivative question 2
Find the equivalent replacement payments for the following scheduled payment. Find the equivalent replacement payments for the following scheduled payment.
Video: Gastrin (gastric emptying) & Secretin (buffering gastric acid)

For a complete list of videos, visit our video library