If an investment of $12,000 earns interest at an annual rate of 7% compounded continuously,then the value (in dollars)of the investment ten years from now is
A) 12,000(1.
B) 12,000(1.
D) 12,000

Question

If an investment of $12,000 earns interest at an annual rate of 7% compounded continuously,then the value (in dollars)of the investment ten years from now is
A) 12,000(1. 
B) 12,000(1. 
D) 12,000

Quizplus · Accepted Answer

The Answer of If an investment of $12,000 earns interest at an annual rate of 7% compounded continuously,then the value (in dollars)of the investment ten years from now is
A) 12,000(1. 
B) 12,000(1. 
D) 12,000

If an Investment of $12,000 Earns Interest at an Annual