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Find the accumulated value of an investment of 9000 at 5.5% compounded continuously for 3 years.Question 8 options:

  • 初等代数
  • 代数
  • 微积分入门
  • 微积分
  • 函数
  • 线性代数
  • 三角
  • 统计
  • 化学

解答

Findtheaccumulatedvalueofaninvestmentof9000at5.5%compoundedcontinuouslyfor3years.Question8options:

解答

Amount:10614.54
求解步骤
Translate the problem into an equation:A=9000e0.055⋅3
9000e0.055⋅3=10614.53806…
Round to the nearest hundredth:10614.54
Amount:10614.54

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