This topic contains a solution. Click here to go to the answer

Author Question: Find the interest earned when $22,082 is invested at 6% compounded continuously for 5 years. (Read 127 times)

bio_gurl

  • Hero Member
  • *****
  • Posts: 524

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


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
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
Wow, this really help


vickyvicksss

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

For a complete list of videos, visit our video library