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Consider an investment where $43,000 is invested for 10 years at 8% compounded continuously. How much will this investment be worth after 10 years? (Round
Consider an investment where $43,000 is invested for 10 years at 8% compounded continuously. How much will this investment be worth after 10 years? (Round your answer to the nearest cent.) What is the total amount of interest earned? (Round your answer to the nearest cent.) (a) What interest rate compounded monthly is equivalent to (has the same APY as) 17.5% compounded semi-annually? % (b) What interest rate compounded continuously is equivalent to (has the same APY as) 17.5% compounded semi-annually? %
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