If $8,000 is invested at an annual rate of 7.5% compounded continuously, find the future value after 7.5 years. Round your answer to the nearest cent.
A)$17,868.03
B)$16,160.44
C)$24,641.73
D)$14,040.44
E)$2,218,178.28

Question

If $8,000 is invested at an annual rate of 7.5% compounded continuously, find the future value after 7.5 years. Round your answer to the nearest cent. ​
A)$17,868.03
B)$16,160.44
C)$24,641.73
D)$14,040.44
E)$2,218,178.28

Quizplus · Accepted Answer

The Answer of If $8,000 is invested at an annual rate of 7.5% compounded continuously, find the future value after 7.5 years. Round your answer to the nearest cent. ​
A)$17,868.03
B)$16,160.44
C)$24,641.73
D)$14,040.44
E)$2,218,178.28

If $8,000 Is Invested at an Annual Rate of 7