Question
a. How much will $100 grow to if invested at a continuously compounded interest rate of 7.5% for 7 years? (Do not round intermediate calculations.
| a. | How much will $100 grow to if invested at a continuously compounded interest rate of 7.5% for 7 years?(Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Future value | $ |
| b. | What if it is invested for 7.5 years at 7%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Future value | $ |
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Finance Markets Investments And Financial Management
Authors: Daisy Scott
1st Edition
1639892001, 9781639892006
