Step-by-step Instant Solution
How much will $100 grow to if invested at a continuously compounded interest rate of 10% for 8 years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
a) what is the Future value?$
b.?What if it is invested for 10 years at 8%? What is the future value?
Paper#9256447 | Written in 27-Jul-2016Price : $22