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 163 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
:D TYSM

Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Future train Future train
How to find derivatives of reciprocal trigonometric functions How to find derivatives of reciprocal trigonometric functions
How to find the derivatives of exponential functions How to find the derivatives of exponential functions
How to find the derivatives of inverse trigonometric functions (Part 2) How to find the derivatives of inverse trigonometric functions (Part 2)
How to calculate credit card interest when the interest is compounded How to calculate credit card interest when the interest is compounded
Find derivative using quotient rule Find derivative using quotient rule
Video: Cardiac Cycle (Part 2 of 4)

For a complete list of videos, visit our video library