A principal of $500,000 is invested at 6% interest for 10 years. Calculate the future value if the interest is compounded annually, semi-annually, quarterly, and continuously. A principal of $10,000 is invested at 4% interest compounded continuously. After how many years will the investment first exceed $20,000? Find the present value of $15,000 in three years if the discount rate is 12% compounded monthly, and continuously. 1v. We have two projects each with an initial outlay of $1,000,000 and lasts five years. The amounts of revenue they produce are listed in the table below. Which of these projects is better if the market interest rate is 12% compounded annually?. End of Revenue Year Project (A) Project (B) 1 $500,000 $200,000 $300,000 $400,000 $300,000 $400,000 4 $300,000 $400,000 5 $100,000 $100,000 Total $1,500,000 $1,500,000 2 3