Question: Find the compound amount and the interest earned when the given investment has continuous compounding $100,000 at 4.5% for 19 years O A. The compound

Find the compound amount and the interest earned when the given investment has continuous compounding $100,000 at 4.5% for 19 years O A. The compound amount is $235,137.44, and the interest earned is $135,137.44. B. The compound amount is $10,460.28, and the interest earned is $4,602.79. O C. The compound amount is $245,960.31, and the interest earned is $145,960.31. OD. The compound amount is $108,550.00, and the interest earned is $8,550.00

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Find the compound amount and the interest earned when the given investment has continuous compounding. $130,000 at 4.8% for 17 years O A. The compound amount is $308,442.19, and the interest earned...

Odd Problems 1-5, 11, 13, 15, 17, 21, & 23 (p. 552-553) $4,800 $12,200 $8,500 3 years 2 years 1 year 8% 12% 12% Annually Quarterly Monthly 9. PACK MULES David Fontana Backpackers will need to buy...

Find the simple interest for each of the following. Round to the nearest cent. 1. $12,500 at 10 % simple interest for 280 days. 2. $8250 at 9% simple interest for 8 months. 3. A loan of $6000 at 11%...

Homework: Chapter 14 Section 2 Save Score: 0 of 1 pt 1 of 3 (0 complete) HW Score: 0%, 0 of 3 pts 14.2.11 A Question Help Find the compound amount for this certificate of deposit. Assume daily...

Hi, I have an Assignment for my Finance Subject. I have attached the necessary documentation here for you to view including the Lecture slides of all the Topics covered for this assignment. Please...

can you please answer #45 and #56? it is from the same document from before. Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement...

45. Luther Industries has a dividend yield of 4.5% and a cost of equity capital of 12%. Luther Industries' dividends are expected to grow at a constant rate indefinitely. The growth rate of Luther's...

please see question 53 about the amount owed in taxes the following year. Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or...

an investment will $205,000 at the end of next year for an investment of $183,000 at the start of the year. If the market interest rate is 8% over the same period, should the investment be made?...

please do what you can. will like answers armually 5% $7300 Amount Needed Time (Years) Interest Compounded UT 4120914300 SON NO 14 CIRC LT BETEL STO CEIT VIT USC 4417111130433 12 47 ans 45 13273 A...

Write the augmented matrix of the system and use it to solve the system. If the system has an infinite number of solutions, express them in terms of the parameter z. x I 3x + 3y X = y = + 2y + + 3y +...

In a AABC if the angular bisector AL and median BE are perpendicular, then BE cot 4 is greater than AL (A) 2 (B) (C) (D) 1

You Want to sove for refirement. Aspaning you are now 2 5 years old and you want to retire at age 5 0 , you have 2 5 years to watch your investment grow. You decide to invest in the stock maket which...

A company issues 1,050 shares of its common stock for $33,600 cash. Prepare journal entries to record this event under each of the following separate situations.