Nine years ago, Beatrice invested a sum of $6,000. The interest rate she earned changed over time: During the first three years, she earned 5 percent annually compounded, during the following two years she earned 8 percent compounded semiannually, and during the final three years, she earned 10 percent continuously compounded. 

Find the value of this investment at the end of the 8th

Answer rating: 100% (QA)

To solve this problem we need to break it down into three parts and find the future value of the inv... View the full answer