Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. suppose an investment of $14,000 is invested at an

Suppose an investment of $14,000 is invested at an annual rate of 7.6%, compounded continuously....

50.1K

Verified Solution

Question

Basic Math

image

Suppose an investment of $14,000 is invested at an annual rate of 7.6%, compounded continuously. What is the value of the account after 14 years? Round your answer to the nearest cent/penny.dollars. (Round to two decimal places)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

2 A medical professional who supports universal health care outlined a History of Universal Health...

Basic Math
Q

500 lbm/min hydrocarbon feed is pumped into the feed point halfway to the top of a...

Chemistry
Q

A voltaic cell is constructed that is based on the following reaction: Sn2+(aq)+Pb(s)→Sn(s)+Pb2+(aq). Part A If the concentration...

Chemistry
Q

Sample 1 The number of hours 37 kids spend talking on a cell phone in...

Basic Math
Q

A school purchases new basketballs and soccer balls The school purchases at least 20 basketballs...

Basic Math
Q

A company determines that its weekly online sales S t in hundreds of dollars t...

Calculus
Q

Evaluate the integral 2 cos 5x dx 3 2 cos 5x dx 3

Calculus
Q

A college plans to use part of their 6 million in revenue...

Accounting
Q

[The following information applies to the questions displayed below.] ...

Accounting
Q

What is a carry trade? What explanations have been put forward for their profitability and...

Finance
Q

A cafe specializes in short order meals; and, morning and afternoon snack breaks. It is...

Accounting
Q

Constant Growth Stock Valuation You are analyzing Jillian's Jewelry (JJ) stock for a possible purchase....

Finance