a1.1.4 How much will an ihifialinvestment Of 5,000 be worth in 35 years if it earns interest compounded continuousiY at an annualrate Of 8.5%.? O

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 8RE: Suppose an investment account is opened with aninitial deposit of 10,500 earning 6.25...
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a1.1.4 How much will an initjalinvestment
Of 5,000 be worth in 35 yearsif it earnsinterest
compounded continuousiy at an annual rate
Of 8.5%.?10
20
Transcribed Image Text:a1.1.4 How much will an initjalinvestment Of 5,000 be worth in 35 yearsif it earnsinterest compounded continuousiy at an annual rate Of 8.5%.?10 20
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