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Популярный >

Find the accumulated value of an investment of 8,000 at 9% compounded continuously for 3 years.

Решение

Find the accumulated value of an investment of 8, 000 at 9% compounded continuously for 3 years.

Решение

Amount : 10479.72

Шаги решения

Translate the problem into an equation:

A = 8000 e^{0.09 \cdot 3}

8000 e^{0.09 \cdot 3} = 10479.71560 \dots

Округлите до ближайшего hundredth:

10479.72

Amount : 10479.72

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