initial investment amount P , an annual interest rate r , and a time t are given . Find the future value of the investment when interest is compounded ( a ) annually , ( b ) monthly , ( c ) daily , and ( d ) continuously . Then find ( e ) the doubling time T for the given interest rate . P $ 5500 , r 2.45% t 8 yr

An initial in level is compounded [a) annually. th] monthly, (c) daily, and (d) cortimainly. Then find ;) the doching fire T for the given interest main P - $5600, r=245%, busy al The future value of The ompounded annualy is s (Type an intoger or a decimal est cent as needed)