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 118 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757

Question 1

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

P0 = $92,000, t = 4 yr, k = 3%
◦ $349,017.45
◦ $103,729.71
◦ $194,764.00
◦ $250,081.93

Question 2

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

P0 = $70,000, t = 3 yr, k = 5%
◦ $81,328.40
◦ $80,500.00
◦ $81,428.40
◦ $81,033.75


Related Topics

Need homework help now?

Ask unlimited questions for free

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

Bison

  • Sr. Member
  • ****
  • Posts: 342
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




Yolanda

  • Member
  • Posts: 757
Reply 2 on: Jun 16, 2021
Excellent


JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

 

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?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library