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a. If $80,000 is invested at 8%, compounded annually, find the future value in 2 years. $ 93312 (Simplify your answer. Round to the
a. If $80,000 is invested at 8%, compounded annually, find the future value in 2 years. $ 93312 (Simplify your answer. Round to the nearest cent as needed.) b. If $80,000 is invested at 8% interest, compounded continuously, the future value is $93,880.87. How does this compare to the result from par The amount found with continuous compounding yields $more. (Round to the nearest cent as needed.)
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