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The effective rate is? rk 1 (section 5-1) Question 8, 5.1.51 HW Score: 80%, 12 of 15 points Part 1 of 3 X Points: 0

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The effective rate is?

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rk 1 (section 5-1) Question 8, 5.1.51 HW Score: 80%, 12 of 15 points Part 1 of 3 X Points: 0 of 3 K For the following amount at the given interest rate compounded continuously, find (a) the future value after 6 years, (b) the effective rate, and (c) the time to reach $15,000. $5100 at 3.7% a. The future value after 6 years is approximately $ (Do not round until the final answer. Then round to the nearest cent as needed.)

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