Question
For each of the following amounts at the given interest rate compounded continuously, find (a) the future value after 5 years, (b) the effective rate,
For each of the following amounts at the given interest rate compounded continuously, find (a) the future value after 5 years, (b) the effective rate, and (c) the time to reach $16,000.
$5600 at 3.6%
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Numerical Analysis
Authors: Richard L. Burden, J. Douglas Faires
9th edition
538733519, 978-1133169338, 1133169333, 978-0538733519
