Compute the future value of 1900 continuously compounded


Question: a. Compute the future value of $1,900 continuously compounded for 8 years at an annual percentage rate of 11 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value $

b. Compute the future value of $1,900 continuously compounded for 5 years at an annual percentage rate of 12 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value $

c. Compute the future value of $1,900 continuously compounded for 11 years at an annual percentage rate of 5 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value $

d. Compute the future value of $1,900 continuously compounded for 9 years at an annual percentage rate of 8 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Compute the future value of 1900 continuously compounded
Reference No:- TGS02535340

Now Priced at $10 (50% Discount)

Recommended (98%)

Rated (4.3/5)