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

Author Question: Find the future value P of the amountP0invested for time period t at interest rate k, compounded ... (Read 66 times)

deesands

  • Hero Member
  • *****
  • Posts: 514
on: Jun 16, 2021

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
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 deesands on Jun 16, 2021

sarahccccc

  • Sr. Member
  • ****
  • Posts: 318
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


deesands

  • Member
  • Posts: 514
Reply 2 on: Jun 16, 2021
Gracias!

momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

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 one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
How to find the volume and surface area a rectangular prism How to find the volume and surface area a rectangular prism
How to calculate present value using the compound interest formula (Question 2) How to calculate present value using the compound interest formula (Question 2)
Factors That Affect Your Basal Metabolic Rate Factors That Affect Your Basal Metabolic Rate
A bus starts from restat a station and accelerates at a rate of 2 m/s^2 for 15 seconds. It then runs A bus starts from restat a station and accelerates at a rate of 2 m/s^2 for 15 seconds. It then runs
Future Value Formula Future Value Formula
Video: Status Epilepticus

For a complete list of videos, visit our video library