Give the value after 7.9 years of a capital of $2000 invested at 2.7 % using continuous

Fantastic news! We've Found the answer you've been seeking!

Question:

Give the value after 7.9 years of a capital of $2000 invested at 2.7 % using continuous compounding. Round your answer to the nearest cent.?

Related Book For answer-question

A Survey of Mathematics with Applications

ISBN: 978-0134112107

10th edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

See More Books

Posted Date: Apr 24, 2024 07:01 AM

See More Questions

Find the FV of $1,000 invested to earn 10% after 6 years. Round your answer to the nearest cent. $ fill in the blank 2 b. What is the investment's FV at rates of 0%, 6%, and 20% after 0, 1, 2, 3, 4,...
The treasurer of Kelly Bottling Company (a corporation) currently has $200,000 invested in preferred stock yielding 10 percent. He appreciates the tax advantages of preferred stock and is considering...
howwould I work these out? (a) Calculate the amount of direct materials purchased during the period. Direct materials purchased (b) Calculate the cost of goods manufactured during the period. Costs...
The baseline components of a GPS baseline vector observed at a station A in meters are (1204.869, 798.046, 666.157). The geodetic coordinates of the first base station are 4427'36.0894" N latitude...
A well isulated styrofoam bucket contains 140g of ice at 0 degrees celcius .If 22gms of steam at 100 degrees celcius is injected into the bucket, what is the final equlibrium temperature of the...
The pressure rise, $\Delta p$, across a pump can be expressed as \[ \Delta p=f(D, ho, \omega, Q) \] where $D$ is the impeller diameter, $ho$ the fluid density, $\omega$ the rotational speed,...
Barnes Manufacturing Co. forecast October sales to be 45,000 units. Additional information follows: Finished goods inventory, October 1............................... 5,000 units Finished goods...
How does process simulation assist in conducting risk assessments and hazard analyses, such as HazOp (Hazard and Operability) studies, and what are the benefits of simulation-based safety analysis ?
Calculate three annual totals of Liquidity, Asset Mgmt., Debt Mgmt. and Profitability ratios Ratios to calculate (per year): Liquidity - current ratio, quick ratio Asset Management - inventory...
Unlike disability law, where the duty of reasonable accommodation is designed to allow individuals to participate in the workforce when they otherwise would not be able to, the areas we are exploring...
The article "Companies Face Challenges Determining Impact of New Minimum Tax" by Jennifer Williams-Alvarez outlines the introduction of a new corporate minimum tax, which presents significant...
define motivation. Discuss 3 ways managers can motivate employees. 2. Can workers be trained in ethics? Defend your answer. 3. Discuss some of the components of employee training programs. Have you...
Acme medical center has recently acquired five large physician practices in the region, and you, as part of the team merging the system and processes into the medical center procedures, are...
Monopoly question: Demand: P = 120 - 0.2Q MR = 120 - 0.4Q TC = 2600 + 1Q + 0.05Q 2 MC = 1 + 0.1Q Determine the monopoly profit for this firm.
Create a decision tree for a customer placing an order using the MRE ecommerce site. Activities include: 1. Is the customer new? 2. If the customer is new, add the customer. 3. Does each item have...
Suppose that you are part of a virtual team and must persuade other team members on an important matter (such as switching suppliers or altering the project deadline). Assuming that you cannot visit...
The treatment of outflows on account of dividend and interest is highly debatable as to their activity classification. Give a serious thought to the issue and express your opinion about the best...
Reliance Industries Ltd. is the biggest private sector company in India. The following fact sheet about the company and its peer group, as extracted from Capitaline Plus database is reproduced in the...
Consider the same setting as Problem 18, but suppose instead 80% of the shareholders redeem their shares, and no warrants are exercised. Data from problem 18 a. What is the amount of cash per share...

Give the value after 7.9 years of a capital of $2000 invested at 2.7 % using continuous

Question:

Expert Answer:

To calculate the future value of an investment with continuous com... View the full answer

A Survey of Mathematics with Applications

Students also viewed these finance questions