# Myra invested $10,000 in an account earning a nominal 8% per year compounded continuously. How much was in the account at the end of one year? Round the answer to the nearest dollar.Select the correct answer below: 10,833 10,733 10,633 10,533 10,433 10,333 Question Asked Feb 23, 2019 706 views Myra invested$10,000 in an account earning a nominal 8% per year compounded continuously. How much was in the account at the end of one year? Round the answer to the nearest dollar.

10,833

10,733

10,633

10,533

10,433

10,333
check_circle

Step 1

We have to find accumulated value at the end of one year,we have given information :

Step 2

We will use following formula to find accu...

### Want to see the full answer?

See Solution

#### Want to see this answer and more?

Solutions are written by subject experts who are available 24/7. Questions are typically answered within 1 hour.*

See Solution
*Response times may vary by subject and question.
Tagged in