Question
Assume you invest $11,737 today for 11 years at a 3.9% continuously compounded rate of interest. How much money would you have at the end
Assume you invest $11,737 today for 11 years at a 3.9% continuously compounded rate of interest.
How much money would you have at the end of the 11 years after the effects of compounding?
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Essential Mathematics For Economic Analysis
Authors: Knut Sydsaeter, Peter Hammond, Arne Strom
4th Edition
0273760688, 9780273760689
