Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. use the continuous compound interest formula to fi

Use the continuous compound interest formula to find the indicated value. A= $77,000; P =...

80.2K

Verified Solution

Question

Finance

image

Use the continuous compound interest formula to find the indicated value. A= $77,000; P = $57,847; r = 8.8%; t = ? t= years (Do not round until the final answer. Then round to two decimal places as needed.)

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Be able to identify the ASA Code of Ethics principles.

Psychology
Q

Lord Howe Island is a volcanic island in the Tasman Sea that is about 11...

Biology
Q

18 Cells are differentiated because they have different produce different 19 A blood sample from...

Biology
Q

Match the sphere with its description rocks dirt etc water air organisms atmosphere ice IIII...

Biology
Q

Find the value of t that makes quadrilateral EFGH a parallelogram G 7t 1 10t...

Geometry
Q

e the Venn diagram to write the elements of B Enter your answer as a...

Basic Math
Q

Your bank account is sitting on $14,000. Youstarted with a principal balance of $12,500. If...

Basic Math
Q

concave down and find any r values of inflection points 32 Find the x values...

Calculus
Q

Section 351 uses the term control. In what code section is this term control defined?...

Accounting
Q

Chapter 9 Homework Determine Due Date and Interest on Notes Determine the due date and...

Accounting
Q

23. Aaron, Inc. estimates direct labor costs and manufacturing overhead costs for the coming year...

Accounting
Q

Consider a security that pays its owner $6000 in one year, without any risk. Suppose...

Finance