Answered: With continuous compounding at 4.25%…

With continuous compounding at 4.25% p.a. for 25 years, what is the approximate future value of a $120,000 initial investment (rounded to the nearest dollar)? Make sure its correct

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter26: Capital Investment Analysis

Section: Chapter Questions

Problem 3CMA

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With continuous compounding at 4.25% p.a. for 25 years, what is the approximate future value of a
$120,000 initial investment (rounded to the nearest dollar)?

Make sure its correct

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