##### If \$9000 is invested in an account for which interest is compounded continuously

 Algebra Tutor: None Selected Time limit: 1 Day

If \$9000 is invested in an account for which interest is compounded continuously, find the amount of the investment at the end of 15 years for the following interest rates. (Round your answers to the nearest cent.)
(a)    3%

(b)    4%

(c)    5.5%

(d)    8%

Jul 16th, 2015

stilll on  process ....................................................................................................................

Jul 16th, 2015

a) 9270

b) 9360

c) 9495

d) 9720

Jul 17th, 2015

all are incorrect

Jul 17th, 2015

test it and let me know if is not correct , because i think we hava missing data

Jul 17th, 2015

Jul 17th, 2015

hi do we have answer coming for these

Jul 17th, 2015

i will send it now just few minit

Jul 17th, 2015

3%  per years or par month  or .....???

i think is per years ...

a) 13050

b)  14400

c) 16425

d) 19800

test it again

Jul 17th, 2015

If \$9000 is invested in an account for which interest is compounded continuously, find the amount of the investment at the end of 15 years for the following interest rates. (Round your answers to the nearest cent.)

(a)3%
\$

(b)4%
\$

(c)5.5%
\$

(d)8%
\$

Jul 17th, 2015

x are incorrect

Jul 17th, 2015

is there an decimal in the answer

Jul 17th, 2015

test now  :

a) 13,050

b)  14,400

c) 16,425

d) 19,800

Jul 17th, 2015

a)  14114.80967

b)  16399.0692

c)  20536.92689

d)  29881.0523

Good Luck

Jul 17th, 2015

Thanks

Jul 17th, 2015

...
Jul 16th, 2015
...
Jul 16th, 2015
Dec 2nd, 2016
check_circle