Find future value of given amount compounded continuously, Microeconomics

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Find future value of given amount compounded continuously

Problem

1. Find the future value of $100 compounded continuously at an annual rate of 6% for 12 years.

2. How long will it take for a sum of money to triple in value if invested at an annual rate of 3% compounded continuously?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Find future value of given amount compounded continuously

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Microeconomics: Find future value of given amount compounded continuously

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