Suppose $5,000 is invested at 9% compounded continuously. (a) What will the accumulated amount be after 8 years? Exact a
Posted: Wed Jul 06, 2022 11:54 am
Suppose $5,000 is invested at 9% compounded continuously. (a) What will the accumulated amount be after 8 years? Exact accumulated amount (without using a calculator). Accumulated amount, rounded to 2 decimal places - (b) How much interest accrued during the 8 years? Interest, rounded to 2 decimal places= dollars dollars X dollars