a. How much will $100 grow to if invested at a continuously compounded interest rate of 7.5%
Fantastic news! We've Found the answer you've been seeking!
Question:
a. | How much will $100 grow to if invested at a continuously compounded interest rate of 7.5% for 7 years?(Do not round intermediate calculations. Round your answer to 2 decimal places.) |
Future value | $ |
b. | What if it is invested for 7.5 years at 7%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
Future value | $ |
Related Book For
Posted Date: