(Solution) 13 . Award: 0 Out Of 1.50 Points A. How Much Will $100 Grow To If Invested At A Continuously Compounded Interest Rate Of 9% For 7 Years? (Do Not... | Snapessays.com


(Solution) 13 . Award: 0 out of 1.50 points a. How much will $100 grow to if invested at a continuously compounded interest rate of 9% for 7 years? (Do not...


This question was created from busi 530 chapter 5 solutions https://www.coursehero.com/file/16244671/busi-530-chapter-5-solutions/?focusQaId=10487425

 

Adjust information to the following.

 

a.

 

How much will $100 grow to if invested at a continuously compounded interest rate of 10.5% for 7 years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

 

  Future value

 

$  

 

b.

 

What if it is invested for 10.5 years at 7%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

 

  Future value

 

$  

 


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This question was answered on: May 23, 2022

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