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QUESTION 17 An interest rate is 6% per annum with continuous compounding. What is the future value of 100 after 3 years? O A.

QUESTION 17 An interest rate is 6% per annum with continuous compounding. What is the future value of 100 after 3 years? O A. $106.00 OB. $106.18 O C. $119.10 O D. $119.72 QUESTION 18 An interest rate is 6% per annum with semiannual compounding. What is the equivalent rate with continuous compounding? O A. 2.96% O B. 5.79% O C. 5.83% O D. 5.91% QUESTION 19 An interest rate is 6% per annum with continuous compounding. What is the equivalent rate with semiannual compounding? A. 6.09% OB. 6.04% O C. 5.03% OD.3.05%

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