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  • 10-06-2021
  • Mathematics
contestada

Find the future value for a $100,000 investment for 12 years at a compounded continuously at 2.1%?

Respuesta :

madethisfortwitch1
madethisfortwitch1 madethisfortwitch1
  • 10-06-2021

Answer:

128659.6037

Step-by-step explanation:

contiously compounding interest formula:

PV(e^(i*t))

100000e^(.021*12)=128659.6037

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