Problem 4-10 Continuous Compounding

a.	Compute the future value of $2,500 continuously compounded for 5 years at a stated annual interest rate of 12 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Future value

$

b.	Compute the future value of $2,500 continuously compounded for 4 years at a stated annual interest rate of 8 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Future value

$

c.	Compute the future value of $2,500 continuously compounded for 12 years at a stated annual interest rate of 7 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Future value

$

d.	Compute the future value of $2,500 continuously compounded for 10 years at a stated annual interest rate of 7 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Future value

$