1. Find the future value if $25000 is invested at 20% for 15 years compounded continuously? 2....

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1. Find the future value if $25000 is invested at 20% for 15 years compounded continuously?

2. If $ 5000 is borrowed at 20% simple interest. What is the total amount to be repaid 90 days later?

Related Book For answer-question

College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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Posted Date: Jun 24, 2021 08:53 PM

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1. Find the future value if $25000 is invested at 20% for 15 years compounded continuously? 2....

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College Mathematics for Business Economics Life Sciences and Social Sciences

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