Question
Which formula in B4 will calculate the future value of $1,000 invested at 15% annually after 5 years with continuous compounding? A B 1 Present
Which formula in B4 will calculate the future value of $1,000 invested at 15% annually after 5 years with continuous compounding?
| A | B | |
| 1 | Present Value | 1,000 |
| 2 | Annual Rate | 15% |
| 3 | Years | 5 |
| 4 | FV | ? |
Group of answer choices
=B3*EXP(B1*B2)
=B1*EXP(B2+B3)
=B2*EXP(B1*B3)
=B1/EXP(B2*B3)
=B1*EXP(B2*B3)
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Private Capital Markets Valuation Capitalization And Transfer Of Private Business Interests
Authors: Robert T. Slee
2nd Edition
0470928328, 978-0470928325
