If $6500 is invested at 11.5% compounded continuously, the future value is given by A(t) 6500e0.115 wheret is given in years. What is the amount accrued after 18 months? %3D $51,522.35 $7723.77 O $7994.89 O $6613.10
If $6500 is invested at 11.5% compounded continuously, the future value is given by A(t) 6500e0.115 wheret is given in years. What is the amount accrued after 18 months? %3D $51,522.35 $7723.77 O $7994.89 O $6613.10
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...
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