a. How much will you have at the end of 20 years if you invest $100 today at 15% annually compounded? (Do not round intermediate
a. How much will you have at the end of 20 years if you invest $100 today at 15% annually compounded? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Future value $
b. How much will you have if you invest at 15% continuously compounded? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Future value $
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Authors: Hal Scott, Anna Gelpern
21st Edition
1634602048, 978-1634602044
