Thursday
March 23, 2017

Post a New Question

Posted by on Wednesday, December 5, 2012 at 10:04am.

how much will a $10000 investment compounded continuously at 8% be worth in 10 year?

  • math - , Friday, December 7, 2012 at 2:52pm

    P = Po*e^rt.

    P = Principal amount after 10 years.

    Po = $10,000 = Initial investment.

    rt = (8%/100%) * 10yrs = 0.80.

    Solve the given Eq.
    Answer: $22,255.41.

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question