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

Author Question: Find the interest earned when $22,082 is invested at 6% compounded continuously for 5 years. (Read 104 times)

bio_gurl

  • Hero Member
  • *****
  • Posts: 524
on: Jun 16, 2021

Question 1

Find the amount in a savings account after 11 yr from an initial investment of $120 at interest rate 8% compounded continuously.
◦ $248.33
◦ $183,656.98
◦ $474.61
◦ $289.31

Question 2

Find the interest earned when $22,082 is invested at 6% compounded continuously for 5 years.
◦ $1515.86
◦ $7725.58
◦ $15,367.97
◦ $14,322.61
Calculus and Its Applications ¦ Bittinger, Ellenbogen, Surgent ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

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

daiying98

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 16, 2021
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


bio_gurl

  • Member
  • Posts: 524
Reply 2 on: Jun 16, 2021
YES! Correct, THANKS for helping me on my review

bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

How to manually find the mean, variance, and standard deviation for a set of numbers How to manually find the mean, variance, and standard deviation for a set of numbers
How to find the slope of a line using any two points How to find the slope of a line using any two points
How to find the derivative of a function when the base and exponent contain a variable x^x How to find the derivative of a function when the base and exponent contain a variable x^x
How to find the average value of a function (Part 2) How to find the average value of a function (Part 2)
How to find the volume and surface area of any cylinder How to find the volume and surface area of any cylinder
How to find the reaction for each of the beams below. How to find the reaction for each of the beams below.
Video: Corpus Callosum Animation

For a complete list of videos, visit our video library