Mathematics, 14.04.2020 20:11 tali2561
You deposit $10,000 in a bank and plan to keep it there for five years. The bank pays 8% annual interest compounded continuously. Calculate the future value at the end of five years.
a. $14,693.
b. $15,000.
c. $14,918.
d. $14,500.
Answers: 2
-> 0.08
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You deposit $10,000 in a bank and plan to keep it there for five years. The bank pays 8% annual inte...
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