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can you please show me how to go about getting the answer ? On 2002-05-27 Dae-Sung invests $2,618.00 in an account paying 7.687% continuously compounded.
can you please show me how to go about getting the answer ?
On 2002-05-27 Dae-Sung invests $2,618.00 in an account paying 7.687% continuously compounded. Using the ACT / 360 daycount convention, what is the earliest day on which his balance exceeds $2,804.93? a. 2003-04-20 O b. 2003-04-18 C. 2003-04-19 O d. 2003-04-17 e. 2003-04-15 Certainty : OC=1 (Unsure: 67%) OC=3 (Quite sure: >80%)Step by Step Solution
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