Question: ' mves men s. i l point{s_) possible An initial investment amount P, an annual interest rate r. and a time t are given. Find

 ' mves men s. i l point{s_) possible An initial investment

' mves men s. i l point{s_) possible An initial investment amount P, an annual interest rate r. and a time t are given. Find the future value of the investment when interest is compounded (a) annually, (b) monthly. (c) daily, and (d) continuously. Then nd (e) the doubling time T for the given interest rate. P = $120,000. r = 5.4%, t= 6 yr a) The future value of the investment when interest is compounded annually is $|:|. (Type an integer or a decimal. Round to the nearest cent as needed.) In) The future value of the investment when interest is compounded monthly is st]. (Type an integer or a decimal. Round to the nearest cent as needed.) a) The future value of the investment when interest is compounded daily is $E]. (Type an $eger or a decimal. Round to the nearest cent as needed.) (I) The future value of the investment when interest is compounded continuously is 5D. Hype an integer or a decimal. Round to the nearest cent as needed.) 9) Find the doubling time for the given interest rate. T=Dyr (Type an integer or decimal rounded to two decimal places as needed.)

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