Complete parts (a) and (b) below. a. If $10,000 is invested at 6%, compounded annually, find...

 

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Complete parts (a) and (b) below. a. If $10,000 is invested at 6%, compounded annually, find the future value in 4 years. (Simplify your answer. Round to the nearest cent as needed.) b. If $10,000 is invested at 6% interest, compounded continuously, the future value is $12,712.49. How does this compare to the result from part (a)? compounding yields $ The amount found with (Round to the nearest cent as needed.) Points: 0.33 of 1 more. Complete parts (a) and (b) below. a. If $10,000 is invested at 6%, compounded annually, find the future value in 4 years. (Simplify your answer. Round to the nearest cent as needed.) b. If $10,000 is invested at 6% interest, compounded continuously, the future value is $12,712.49. How does this compare to the result from part (a)? compounding yields $ The amount found with (Round to the nearest cent as needed.) Points: 0.33 of 1 more.

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Analysis a p 10000 b R 6 compounded annually 4 years A P1 10000 1 00 ... View the full answer