Question: please answer fast!! Find the compound amount and compound interest if $1000 is invested for eight years and interest is compounded continuously at the annual

please answer fast!! please answer fast!! Find the compound amount and compound interest if

Find the compound amount and compound interest if $1000 is invested for eight years and interest is compounded continuously at the annual rate 443 \%. The compound amount will bes (Round to the nearest cent as needed.) The compound interest will be $ (Round to the nearest cent as needed.)

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!

1 Find the compound amount and compound interest if $4000 is invested for eight years and interest is compounded continuously at the annual rate 6%. The compound amount will be $ (Round to the...

Question Help Find the compound amount and compound interest if $6000 is invested for five years and interest is compounded continuously at the annual rate 34% The compound amount will be s (Round to...

Find the compound amount and compound interest if $2500 is invested for six years and interest is compounded continuously at the annual rate 4(1/2)% The compound amount will be $ (Round to the...

1 Find the compound amount and compound interest if $2000 is invested for six years and interest is compounded continuously at the annual rate 7% The compound amount will be $ 3136.62 (Round to the...

Find the compound amount and compound interest if $4500 is invested for nine years and interest is compounded continuously at 1 the annual rate 3%. 2 3.5% The compound amount will be $ (Round to the...

Find the compound amount and compound interest if $4500 is invested for nine years and interest is compounded continuously at 1 the annual rate 7-%. 2 The compound amount will be $ (Round to the...

Find the compound amount and compound interest if $4500 is invested for seven years and interest is compounded continuously at the annual rate 5-% 3 4 The compound amount will be $ (Round to the...

Find the compound amount and compound interest if S2000 is invested for nine years and interest is compounded continuously at the annual rate 6% The compound amount will be $ (Round to the nearest...

Find the compound amount and compound interest if $2500 is invested for nine years and interest is compounded continuously at the annual rate 3.25 %.

Section 5.2 Practice Problems 1. Find the compound amount and the interest earned for the following deposit: $470 at 8% compounded annually for 10 years 2. Find the compound amount and the interest...

Beam AD carries the two 40-lb loads shown. The beam is held by a fixed support at D and by the cable BE which is attached to the counter-weight W. Determine the reaction at D when (a) W = 100 lb, (b)...

1. Below is the financial data pertaining to Printcraft Inc.: 2020 2021 2022 Accounts Payable 22,500 17,500 15,450 COGS 102,750 98,000 96,450 Beg. Inv 130,000 121,750 101,500 End. Inv 121,750 101,500...

Which of the following are true of a diversified mutual fund? A 5 5 % or more of its assets are invested in cash, cash items, or securities B 6 5 % or more of its assets are invested in cash, cash...

java coding Code an Employee Class with private field variables of id (int), firstName and lastName (String) and salary (double). [2 marks] Code the constructor using all the variables as above. [2...