If you receive $15,000 today and can invest it at a 5% annual rate compounded continuously,what will be your ending value after 20 years?
A)$38,735.52
B)$40,774.23
C)$42,812.94
D)$44,953.59
E)$47,201.27

Name: If you receive $15,000 today and can invest it at a 5% annual rate compounded continuously,what will be your ending value after 20 years? A)$38,735.52 B)$40,774.23 C)$42,812.94 D)$44,953.59 E)$47,201.27
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Question

Quizplus · Accepted Answer

The Answer is B

If You Receive $15,000 Today and Can Invest It at a 5